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Chia Launches Eco-Friendly Blockchain & New Digital Currency

Chia Network

Highlights Chia Reinvents Digital Money with Energy Efficient At-Home Farming Rewards Chia Blockchain Full Node Count approximates 2,000 in the last 24 hours and exceeds 12,500 since Launch Chia Network Inc. (“Chia”) today introduced its revolutionary eco-friendly blockchain, its new digital currency known as “chia,” as well as a new breakthrough smart transaction on-chain programming language called “Chialisp”. Chia’s blockchain is a global open-source decentralized network that operates a payment settlement system using chia, its native cryptocurrency. The Company expects its blockchain will be used in a range of transactions, including cross border payments, issuing financial assets, and stable coin issuance. Chia intends to sell software service and support for its open source blockchain and smart transaction software to governments, financial institutions, corporations, and large buyers and sellers of storage. “We are very excited to launch Chia’s new blockchain and smart transaction platform which is easier to use, more energy efficient, and more secure than existing digital money alternatives. Improving upon Proof of Work’s shortcomings around centralization, electricity consumption and poor programmability, Chia’s blockchain has the potential to become the core of a new monetary architecture,” said Bram Cohen, Chia’s CEO. As of March 2021, Chia’s blockchain has approximately 2,000 full nodes in the last 24 hours and 12,500 full nodes since launch as compared to Ethereum with 6,800 full nodes. According to Bram Cohen, a robust amount of independently-operated nodes is considered essential to the success of Chia, as its fundamental value relies upon its ability to remain decentralized. Farming will allow even the smallest farmer running a node a chance to win rewards for validating the network. Running a node is also a more secure way to self-custody chia. "Bram Cohen is one of the greatest living protocol designers (BitTorrent), right up there with Satoshi and Vitalik” -- Naval Ravikant Chia is the answer to Bitcoin’s climate problem Banks and currencies are susceptible to routine shocks from governmental mismanagement, global financial crises, and generally run on antiquated technologies. Bitcoin was launched during one of these banking crises to try to address these ongoing issues. But Bitcoin now expends approximately 64 terawatt-hours per year, a level of energy consumption comparable to the nation of Switzerland. This level of energy usage is controversial and could get worse as bitcoin adoption and energy prices increase. Further, Bitcoin script is very limited, slow to develop, and has generally required significant changes in the Bitcoin protocol that can take years to be deployed. These delays and limitations have hampered building custody and controls into the Bitcoin blockchain. Ethereum shares Bitcoin’s reliance on “wasteful” mining and has additional problems. Almost every deployed Solidity smart contract that has attracted large balances has in some way been compromised. The Solidity scripting language makes it easier to write software than to secure it. Ethereum has mostly become known for the fundraising mechanism known as an “ICO”, where the fundraiser creates new tokens on the Ethereum network to sell for bitcoin and ether - many of which have uncertain regulatory compliance. Environmentally green chia (XCH) aims to save the planet Chia ’s blockchain offers functional and environmental advantages to Bitcoin, Ethereum and Ripple’s existing platforms. The Chia blockchain is more open and accessible than existing financial institutions, more efficient and less wasteful than the Bitcoin and Ethereum blockchain, and better designed for secure smart financial transactions than the Ethereum blockchain while being more decentralized than Bitcoin, Ethereum, or Ripple. Chia’s blockchain replaces “Proof of Work” which is the consensus method that Bitcoin and Ethereum use, with the first of its kind “Proof of Space and Time” which uses significantly less energy and leads to a more decentralized and more secure blockchain. Proofs of Space harnesses unused disk space, rewarding owners of empty space for “ farming ” and Proofs of Time add security and time predictability to the network. As Bitcoin uses Bitcoin Script and Ethereum uses Solidity for programming transactions, Chia’s blockchain uses Chialisp. Chialisp, is a newly developed blockchain programming language and on-chain smart transaction development environment that will unleash the security, transparency, and ease of use that cryptocurrencies promise. Applications running on Chia’s blockchain are intended to have functionality appropriate for banking. The primary focus for the initial launch will be on core functionality such as financial controls, payments clearing and settlement, and managing the issuance of various assets. One of the primary use cases for chia is in international payments - especially in regions whose governments or financial systems are particularly volatile. The Company expects that the Chia blockchain and Chialisp will facilitate a range of transactions, including facilitating cross border payments, issuing financial assets, and stable coin issuance with best in class custody and controls. Chia - the easiest digital money to farm - is “the people’s choice” Compared to the existing modern finance platforms, chia is the easiest digital money to farm. In contrast to the technically proficient skills required to join a miner community, all people can “farm” chia at home for a fraction of the cost. Learn more about chia farming and the chia farmer reward schedule in Chia’s business Whitepaper. Earn your chia (XCH) rewards today It is straightforward to install the Chia blockchain for Windows, MacOS, and many other platforms as well. Download the Chia blockchain and earn your chia (XCH) rewards now. To learn more about Chia’s blockchain, please watch the Company’s mainnet launch video. Exchange trading - stay tuned Please expect an initial six week period where transactions will be frozen and farmers will only be receiving farming rewards. The Chia blockchain will soft fork in final transaction capabilities during this period in a 1.1 release. The soft fork will be a required upgrade before the six-week period ends. Read all about it in Chia's release notes. About Chia Network Chia Network Inc. was founded by Bram Cohen, the inventor of the BitTorrent protocol. Chia is a state-of-the-art open-source decentralized blockchain, digital currency, and smart transaction platform. Using the first new secure Nakamoto consensus algorithm invented since Bitcoin, Chia aims to operate an eco-friendly, more secure and user-friendly payment system for cross border payments, issuing financial assets, lending, escrow payments, institutional custody, and distributed identity. Chia’s “Proof of Space and Proof of Time”-based blockchain reduces waste in “Proof of Work”-based blockchains. Built to run Chialisp, the company’s newly developed on-chain smart transaction programming language, Chia’s blockchain allows its users to build and execute smart contracts and enable peer-to-peer applications. Chia believes that “digital money” should be easier to use than cash, harder to lose, and nearly impossible to steal. The Company is funded by leading venture capitalists including Slow Ventures, a16z, Naval Ravikant, Galaxy Digital, Greylock, True Ventures, MetaStable, Stillmark, DCM, and others. The Company’s Advisors include Dr. Dan Boneh, Research Partner at a16z and Applied Cryptography Professor at Stanford University; and Dr. Krzysztof Pietrzak, Cryptography Professor of IST Austria; and Ms. Katie Haun, General Partner at Andreessen Horowitz. Investor Relations Contact: Gretchen Lium. For more information, visit https://chia.net and connect with us on Twitter (@chia_project), Facebook, GitHub and LinkedIn. Contact Details Gretchen Lium +1 303-638-9185 gretchen@chia.net Company Website https://www.chia.net/

March 24, 2021 06:05 AM Eastern Daylight Time

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How The Need For Life Insurance Affects Your Family Financial Planning by Jennifer Lang Financial Services.

Jennifer Lang Financial Services, LLC

Contact Details Jennifer Lang +1 877-487-8926 mail@jenniferlangfinancialservices.com Company Website https://www.jenniferlangfinancialservices.com

March 23, 2021 10:05 AM Eastern Daylight Time

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Minuteman Press Franchise Owners Lynne and John Regas Show Print is Essential in Frankfort, Illinois

Minuteman Press International Inc

Minuteman Press Frankfort Has Remained Open As an Essential Business During Covid-19; Owners Lynne and John Regas Share Their Insights on Adapting During the Pandemic and Helping Local Businesses “Bounce Back” CHICAGO & FRANKFORT, Ill. – As Lynne and John Regas approach five years in business, no year has been more defining for their Minuteman Press printing franchise than this one. “We both feel very fortunate that we were considered essential and were able to remain open during the COVID-19 pandemic, not only to be there for other local businesses and organizations, but to help us stay sane and keep working,” says Lynne. Print is Essential Since the beginning of the pandemic, Minuteman Press Frankfort has continued to provide high-demand products and services that have been critical in helping local businesses reach out to customers while promoting community solidarity. “Early on in the pandemic, we saw high demand for yard signs. We were able to supply local schools with graduation signs, and now those same school districts are coming back to us since it was so popular. Banners and flags have been in high demand from businesses who simply want to let customers know, ‘We’re Open.’ Restaurants have also come to us for takeout menus as they update their specials, menu items, and safe pickup and delivery options.” Lynne continues, “We are also helping a number of businesses reach out to the community via direct mail postcards and flyers. We’ve already reached out to several business categories about the power of mailing campaigns. For example, we have recently helped a local chiropractic office, a local physical therapist, and a local small gym owner increase their visibility (and therefore their customer base) by designing and mailing flyers using both direct mail and Every Door Direct Mail (EDDM). These are businesses that can really benefit from letting people know they are there and following every safety protocol to make sure they can provide their services and still keep you healthy.” “This pandemic really forced a lot of local businesses to rethink their paths forward, and we are here to help them do that and provide them with the design, print, marketing, and mailing services they need to do so. We are a local business ourselves, we support local businesses, and we are all in this together.” -Lynne Regas, Minuteman Press franchise owner, Frankfort, Illinois Helping Local Businesses Bounce Back When the pandemic first hit, Lynne and John launched Bounce Back Frankfort (part of Bounce Back USA by Minuteman Press International), a free community website that provides free local listings to businesses as well as free COVID-19 awareness and prevention posters. To date, 44 local businesses have signed up to reach out to community members with special offers. “The idea is simple,” says Lynne. “Let’s support local businesses, and let’s bounce back together as a community.” Lynne continues, “ We spent those first few weeks doing what we could to focus on a path forward and to give back to other businesses. Bounce Back Frankfort is special because it provides an uplifting message as well as a free way for people to advertise at a time where they could use that extra boost. It not only lifts our spirits, it also reminds everyone that it’s so important to communicate, connect, and engage with our community, especially right now.” “Our message to other local businesses is to hang in there. It’s important to remain calm and focused on the future while we navigate through these times. Knowing that everyone is in this together has caused a renewed sense of unity in the small business community we are a part of here in Frankfort. We’ve made sure that everyone knows we are here to support them – both now and in the future.” -Lynne Regas Adapting the Business and Receiving Ongoing Support Minuteman Press Frankfort is locally owned and operated but being part of the Minuteman Press franchise family has really helped Lynne and John learn and grow as business owners over the past five years and throughout the pandemic. Lynne says, “We have always been grateful for the support we’ve received from Minuteman Press, but 2020 and 2021 have really showed us that we made the right decision when we joined this family. The ongoing support during the pandemic has been above and beyond what we expected. From the Bounce Back program to the daily emails of suggestions and encouragement from Nick Titus (President of Minuteman Press International), we absorbed everything and did what we needed to do to adapt and pivot. It is so helpful to know what is happening with other franchises, both local and across the country, to know that we aren’t alone and to be reminded that there will be an end to this pandemic.” Lynne explains how she has learned and grown from this experience and is better positioned for the future. “We’ve started using social media much more to communicate and promote our business. We’ve had many businesses reach out to us as they start to reopen. For example, we ran a promotion for menus and restaurants responded.” She continues, “We have learned to incorporate marketing strategies and new ways of communicating so that we can reach and interact with clients safely. Whether it’s a promotion on Instagram or targeted local marketing, we are here to engage with customers across all touch-points.” “Lynne and John Regas have done a tremendous job supporting local businesses in their community and finding new ways to pivot and connect with their clients. They’ve followed the Minuteman Press franchise system closely and have built a solid foundation for their business over the past five years. They are great people and caring business owners, and I am proud to support them.” -Steve Szymanski, Minuteman Press International Regional Vice President, Midwest Reflections on Owning the Business and Advice for Others Prior to becoming business owners, Lynne and John worked in corporate sales. “ We were both involved in purchasing roles with different corporations. John had worked for the same company for almost 30 years and was laid off. I had worked for several different companies but was really just going through the motions. After John was laid off and began seriously thinking about opening his own business and being his own boss, I was supportive – but I’d be lying if I didn’t also say I was a little apprehensive. Looking back now, we certainly made the right decision.” She adds, “It’s so surreal that we’ve been doing this for almost five years because the time has gone by so quickly. We’re no longer in that ‘rut’ we were in when working our previous jobs, and every day is truly a new adventure. We are becoming the people we wanted to be – entrepreneurs who are doing what it takes to make their business successful, no matter what comes our way. The biggest reward, definitely, is no longer feeling like we are working hard for someone else. We’re working harder than we ever have but it’s for us and our business – and that makes it all worth it!” When asked what advice she would give to others, Lynne answers, “If you’re being honest with yourself, there is a lot of risk when you open your own business. Being a part of a company like Minuteman Press that really invests in its franchise owners helps mitigate that risk and should put any potential owners’ minds at ease.” She concludes, “We have potential new owners visit our center and we share our experiences as franchisees. We tell them how impressed we’ve been with the level of support we’ve received from day one. Ultimately, Minuteman Press International has always cared about us and their support during this pandemic has clearly demonstrated just how much they truly care.” For more information on Minuteman Press Frankfort, visit https://www.frankfort-il.minutemanpress.com. Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

March 22, 2021 10:00 AM Eastern Daylight Time

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CMMC Center of Excellence Announces Engagement Agreement with TechnoGen & TechnoGen Cybersecurity

Interoperability Clearinghouse

The Cybersecurity Maturity Model Certification Center of Excellence ( CMMC COE ), hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public-private partnership serving the public and private sectors for more than 15 years, is excited to announce a partnership with TechnoGen, Inc., an ISO 9001:2015, ISO 20000-1:2011, ISO 27001:2013 and CMMI Level 3 Global IT Services and Consulting Company headquartered in Chantilly, Virginia and Offshore Development Center in Hyderabad, India. This unique partnership will extend efforts to identify and include proven capabilities within the CMMC COE Marketplace to improve cybersecurity protection and resilience for the global defense industrial base network of contractors, vendors, and suppliers. In addition, the partnership with TechnoGen and TechnoGen Cybersecurity establishes a presence for the CMMC COE in India with a future plan for a Center of Excellence- India in collaboration with the CMMC COE APAC. With over 16 years of experience providing end to end IT Services and Solutions to the Public and Private sectors, TGI provides highly skilled and certified professionals committed to helping clients solve complex problems and achieve their goals, on time and under budget. “This is exciting opportunity for us”, said Mr. John Weiler, Chairman of the Board at CMMC Center of Excellence, “This new partnership will further help advance the goals and objectives for improving the supply chain security and resilience of the US Department of Defense (DoD)”. Mr. Lax Chepuri, CEO of TechnoGen, Inc. expressed confidence and delight in the newly formed relationship with the CMMC COE saying, “Both TechnoGen, Inc. and TechnoGen Cybersecurity and will bring enthusiastic support for the goals and standards of the CMMC COE in both the U.S. and India Defense sectors.” The executed Engagement Agreement establishes a collaborative engagement between TechnoGen and the CMMC COE to partner in the furthering of their respective and complementary missions and objectives regarding the adoption, use, and expansion of CMMC based cybersecurity practices, risk management, and compliance for the DIB contractor, vendor, and supplier community of providers creating a broader CMMC ecosystem globally to improve security and resilience. Specific actions will include: The co-development of CMMC advisory services, cyber training and education programs to accelerate CMMC certification, increase cyber adoption and improve cyber protection & resilience. Co-sponsor symposiums, training programs and podcasts leveraging their combined cyber and IT expertise. Host regular working groups, with other partners, to enable collaboration and communications. Establish an independent Industry Cyber Security Advisory Council with peer organizations to advise and educate leaders across government and industry on the continued evolution and effectiveness of CMMC. The CMMC-COE ( http://cmmc-coe.org ) and TechnoGen partnership will focus on bringing together the many disparate cyber and national security communities of interest to reduce complexity, improve awareness, and accelerate industry effort to become more cyber resilient against the growing threats from nation states and criminal enterprises. The CMMC-COE establishes both a Market Place and Knowledge Clearinghouse that will include resources that support the overall effort, including white papers; tutorials; recorded webcasts; presentations; and more that will help reduce the cost and burden on small and medium size contractors already struggling from the impact of COVID. For more information on the CMMC COE, please visit http://cmmc-coe.org, email info@cmmc-coe.org or call 703-863-3766 For more information on TechnoGen, please visit https://www.technogeninc.com/ About Us ---------- CMMC-COE.ORG is a unique non-profit public-private partnership, with a vision to accelerate Cybersecurity Maturity Model (CMM) adoption, and reduce time & cost for security compliance for our partners by leveraging commercial best practices, CMMC standards, and innovative solutions for a measurable success. Our mission, focused on DOD mission objectives, cost containment and expeditious CMMC compliance, is to help the DIB improve cyber posture and resilience, and simplify its acquisition. The CMMC-COE is hosted by the Information Technology Acquisition Advisory Council (IT-AAC), a public/private partnership (P3) chartered in 2007 as an honest broker to reach outside the confines of the Federal IT advisories that lack dynamic reach into the Global IT Market, and dedicated to the adoption of commercial IT management standards of practice and innovations emanating from the Global IT market. Team IT-AAC has already demonstrated the value of its decade long investment, and provides a unique value to agencies seeking to achieve accelerate the transformation of legacy processes and systems. Our Just-in-Time SMEs apply an innovative suite of Technology Business Management and Agile Acquisition Processes needed to assure the business value of commercial IT. The Interoperability Clearinghouse (ICH), is the managing partner that make up the 24 NGO/SDO organizations that make up the IT-AAC. ICH provides the contract vehicles, clearances, and critical resources proven to guide sustainable, measurable and repeatable processes needed to drive better investment decisions as the speed of mission need, while aligning existing processes, methods and workforce with IT reform mandates contained in Clinger Cohen Act, FITARA, IT MGT Act, EO13838. Contact Details Bob Dix +1 703-975-6633 bob.dix@it-aac.org Company Website https://cmmc-coe.org

March 22, 2021 08:00 AM Eastern Daylight Time

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Alchemy Acquisition Corp. Announces Expansion with Opening of Offices in Vancouver, British Columbia, Canada

Alchemy Acquisition

Irvine, California – Alchemy Acquisition Corporation (AAC), a global merchant banking firm, announced today that it is expanding its operations to Vancouver, British Columbia, Canada with new office openings. AAC Chairman – Bill Yuan, will lead the Vancouver office as well as spearhead the firm’s expansion into additional G-7 locations across Asia and Europe. Mr. Yuan chairs the firm’s Corporate Governance and Compensation Committees in addition to holding day-to-day responsibility as Group Head leading Renewables and TMT-S sector coverage. Commenting on the expansion, AAC Managing Partner – Henry Huang stated “Alchemy has selected Vancouver B.C. as a location to expand and bolster North American capital coverage. This office will serve as a strategic hub to facilitate activity across both our principal investing and global advisory business lines. Mr. Yuan and I will work closely to maintain the firm’s relationships with first-tier institutional investors globally including: sovereign wealth funds, pension funds, insurance companies, state plans, endowments, foundations, private equity firms, corporate institutional investors and family offices. We look forward to establishing a deep long-term presence as a responsible steward of capital and advisor to public and private institutions domiciled in Canada.” BILL YUAN – BIO Mr. Yuan currently serves as Chairman Emeritus of CURE Pharmaceutical – in this position, he plays an active role with special responsibilities to the organization’s board of directors. Mr. Yuan was most recently Chairman & CEO of Fortress Hill Holdings, an Asia-based investment banking firm. With over 30 years of experience in global finance, he has served as a key strategist and advisor to multi-national institutions including Amgen Corp., Biogen, Comcast NBCUniversal, GE Capital, Warner Brothers Studios, News Corp/Star TV/BSkyB/20th Century Fox and Philip Morris (completed $2.6 billion merger), as well as Asian institutions that include Sina.net/Sina.com, Shanghai Petrochemicals, Jinlia Pharmaceutical and Tsingtao Beer Corp. Mr. Yuan has also successfully closed multiple Media, Entertainment and Sports (MES) transactions in major-league sports including the Arizona Diamondbacks (MLB), Los Angeles Dodgers (MLB), San Diego Padres (MLB), Miami Heat (NBA), Golden State Warriors (NBA) and San Antonio Talons (AFL). In 1995, Mr. Yuan led Merrill Lynch Asset Management Asia and concurrently served as Chairman of Merrill Lynch’s Global Asset Allocation Committee, managing one of the largest pension/retirement funds in the world (largest in Asia) with $488 billion in Total AUM. Simultaneously, he was Chairman and Chief Investment Officer/Portfolio Manager of the $1.2 billion AmerAsia Hedge Fund domiciled in Asia with special emphasis on Technology, Media and Telecommunications (TMT). Prior to that, Mr. Yuan served as Senior Vice President and Co-Manager at Morgan Stanley Smith Barney's Portfolio Management Corporation, with dual functions as co-head of the Capital Markets Derivative Team, and Chairman of the Technology Investment Management & Executive Policy Committee. He began his finance career at Goldman Sachs as an investment banker in mergers & acquisitions. Mr. Yuan holds a Bachelor of Science degree in Economics from Cornell University and attended Harvard University's John F. Kennedy School as a Mason Fellow. ABOUT ALCHEMY Alchemy Acquisition Corp. is a global merchant banking firm with deep industry expertise that specializes in principal investments, private placements and global advisory. The firm transacts primarily across three sectors: (1) Real Estate & Infrastructure, (2) Technology, Media, Telecommunications and Sports (TMT-S) and (3) Renewables. Alchemy also advises its clients globally on strategic and financial matters including mergers and acquisitions, restructurings and capital formation. Contact Details IRRealized, LLC Mary Jensen - Public Relations +1 310-526-1707 mary@irrealized.com Alchemy Acquisition Corp Information 604-696-0158 info@alchemyrecap.com

March 18, 2021 02:15 PM Eastern Daylight Time

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Women Hosts Powering Airbnb During the Pandemic

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/kfkiWTMt2Cg The pandemic has forced thousands of women out of the workforce. In order to face the economic burdens that have fallen on their shoulders, many of them became new Airbnb Hosts. Airbnb estimates that 55% (2 million) of their 4 million Hosts globally are women. Since the start of the pandemic last March, new women hosts that have started hosting on Airbnb with only one listing have collectively earned $600 million. This lifeline isn’t limited to just Hosts who are sharing their homes. In a recent Airbnb survey, 35 percent of these women reported that they started their Online Experience to replace lost income from a full-time or part-time job. Stephanie Ruiz, Regional Communications Lead for Latin America at Airbnb partnered with YourUpdate TV on a nationwide media tour discussing the economic opportunities that home sharing creates for communities. Amidst the COVID-19 pandemic, the opportunity offered by hosting has become even more invaluable to women. With a record-setting departure of women from the workforce due to pandemic-related layoffs or new, urgent responsibilities at home, we are facing an unprecedented “she-cession”. That’s why it’s no surprise that Airbnb is seeing even more women turn to hosting on Airbnb in this moment. For women who are in need of new and more flexible ways to help support their families at this time, that is invaluable earning potential. If you are considering hosting, now is the time. Recent Airbnb consumer polling indicates there is pent-up demand for travel, and the type of meaningful travel enabled by Airbnb is the kind of travel people will continue to seek even after the pandemic ends. If you are looking to share your space or learn how to become a host yourself, check out Airbnb.com/host About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

March 18, 2021 10:00 AM Eastern Daylight Time

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Clearbanc and Pencil partner to help ecommerce businesses grow using creative AI

Stockwood Strategy

Creative AI company Pencil has partnered with the world’s largest e-commerce investor Clearbanc to provide their customers with the latest innovation in online video advertising, Machine Generated Creative (MGC). These ads can be created in minutes and consistently double return on ad spend for brands. It is anticipated that companies using the Pencil platform will be able to unlock new audiences on Facebook and Instagram and grow revenue faster. MGC online video ads are generated by artificial intelligence (AI), while learning what resonates with audiences, in order to systematically deliver better results for brands. Using historic ad performance data, Pencil is able to understand what in the ad is resonating with customers. It can then generate new batches of ad ideas which are new and distinct, but which share winning characteristics with past winners. In this way Pencil learns what works while continuously exploring new ideas that could resonate with audiences. Pencil analysed over 100 campaigns that used MGC video ads and found the best MGC ads delivered an average return on ad spend (ROAS) 2x that of other ads the brands were running. One brand’s MGC campaign delivered 7x higher ROAS. Will Hanschell, CEO and co-founder of Pencil commented: “This partnership with Clearbanc underlines the success we’ve had with our Machine Generated Creative ads for brands around the world. These ads are helping ecommerce brands and agencies grow, and I am confident we can help them scale further.” This partnership announcement comes hot o n the heels of Pencil joining as a creative partner in Facebook Marketing Partners, a program that connects businesses to an ecosystem of specialists. More than 200 million businesses worldwide use Facebook’s apps to connect with customers and grow, and over 10 million of them run advertising campaigns each month. Pencil customer James Harding, Head of Growth at Lyka Pet Food commented: "Pencil gives us the ability to generate ads quickly and more importantly, come up with ideas we might not have otherwise. It's been a massive win for us essentially." Pencil leverages proprietary technology to generate ad video, derive insights and make predictions, as well as integrating the OpenAI API to generate ad copy. The OpenAI API provides access to GPT-3, one of the world’s most powerful language models. Pencil is among the first companies approved to use it commercially. This approval requires strict criteria in AI safety and ethics. Daniel Rodic, Head of Market Development commented: “Clearbanc was created to help Founders grow their businesses by using our non-dilutive capital to invest in predictable and repeatable expenses like marketing spend. Pencil’s technology offers a simple solution for brands in our portfolio to improve their return on ad spend and ultimately maximize the effectiveness of the capital they deploy.” Clearbanc has deployed over US$1.6b to more than 4,000 ecommerce and SaaS businesses. EndS Notes to the editor About Pencil Pencil is a Creative AI company on a mission to generate unexpected ideas that get results. Pencil generates ads that learn to perform, delivering the return on ad spend that helps brands scale their businesses. Pencil invented Machine Generated Creative (MGC), a new way of making ads that algorithmically optimises for creative novelty, brand relevance and return on advertising spend. It always starts from a human brief and it always involves total human editorial control. Pencil’s MGC platform generates ads in minutes and has been shown to generate ads that double returns for brands. Pencil was founded in 2018 with a team from Google, Facebook and Uber and is backed by Sequoia Capital India, Wavemaker Partners, Singapore Innovate and Entrepreneur First. About Clearbanc Founded in 2015 by Michele Romanow (Canada’s Shark Tank), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc is changing the way companies raise money by providing fast, affordable capital to online brands and B2B SaaS companies. Clearbanc’s data-driven algorithm has invested in 4,000+ companies across 50 states and backed 8x more female-founders than traditional VC. Clearbanc customers span small businesses across the United States, Canada, and the UK to some of the fastest-growing consumer brands today, like Le Tote, Leesa Sleep, Farmgirl Flowers, and Public Goods. For more information visit Clearbanc.com Contact Details Bilal Mahmood +44 7714 007257 press@trypencil.com Company Website https://www.trypencil.com/

March 17, 2021 12:00 PM Eastern Daylight Time

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Alternative Ways Investors Can Reach Higher Interest Potential by Jennifer Lang Financial Services

Jennifer Lang Financial Services, LLC

Contact Details Jennifer Lang Financial Services, LLC. Jennifer Lang +1 877-487-8926 mail@jenniferlangfinancialservices.com Company Website https://www.jenniferlangfinancialservices.com

March 16, 2021 10:05 AM Eastern Daylight Time

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Location-Based Services Innovator GeoSolutions Alleges RICO Violations and Unfair Competition by Weibo Corporation, Sina Corporation, and Others

GeoSolutions

This is a statement issued by GeoSolutions: "Chinese media conglomerate Sina Corporation (NASDAQ: SINA) and its subsidiary Weibo Corporation (NASDAQ: WB) used their unusually complex corporate structure to steal technology to enhance and monetize their leading “Weibo” social network—a Chinese-based hybrid of Twitter and Facebook. This is according to a new lawsuit filed on March 15, 2021 in a California court. The scheme enabled the Chinese companies to avoid paying rightful revenues to the creators of the software, GeoSolutions B.V. and GeoSolutions Holdings N.V. ( GeoSolutions ), the companies who filed the lawsuit in the Superior Court of the State of California in Santa Clara County. GeoSolutions’ location-based services (LBS) technology is the driving force behind Weibo’s nearly $12 billion market cap. The lawsuit alleges that Sina Corporation (Sina), Weibo Corporation (Weibo), and at least 10 other related entities and two individuals at the top of the organization, carried out an elaborate scheme over several years to pilfer the technology and know-how of GeoSolutions, particularly its effective integration of LBS into social networking. This was done through a series of misrepresentations using subsidiaries and Variable Interest Entities (VIEs) to conceal Sina’s agenda and play a corporate shell game to hide the generated revenue. “As numerous market observers and scholars have maintained, Sina’s complex corporate structure is neither honest nor transparent,” said Adam Fox, lead counsel for GeoSolutions. “Its peculiar corporate structure circumvents the law and hides the truth by design.” Central to the claims in the case is the fact that GeoSolutions entered into a series of agreements with various members of the larger Sina group of companies to allow access to GeoSolutions’ LBS technology and the know-how of its effective use in social networking. Sina then deployed this software on its Weibo platform without paying any remuneration. GeoSolutions has never been paid any compensation from Weibo and alleges that various other Sina companies are also using the LBS technology and claiming it as their own. LBS technology has become essential to most mobile device users. It powers user queries for restaurants or other businesses “near me,” enables “check ins” at a location, tracks packages ordered online, locates your ride-share driver, and much more. This makes it valuable to many companies who want to advertise or offer additional services to consumers. In a prospectus for investors ahead of the Weibo initial public offering (IPO) in April 2014, Sina credited the LBS platform as a substantial means to generate revenue from its Weibo app. Sina now claims it created the platform when in fact it is really GeoSolutions’ technology. Weibo’s market value has grown dramatically since its joint venture with GeoSolutions. At the time of its IPO, Weibo was valued at $3.6 billion. Today its market cap is nearly $12 billion. However, GeoSolutions has never received any compensation from Weibo. “Our experience and engineering know-how allowed us to identify the early market opportunity in mobile location and to invest in developing the GeoSolutions LBS platform. We had a growing client base, operational experience, and the ability to utilize our GyPSii subsidiary. We were extremely well positioned. It made sense that Sina and Weibo saw us as a target," said Jay Cahill, co-founder and general partner at Bluefin Technology Partners and former Vice President of Operations for GeoSolutions. “In the end, deception by Sina and Weibo and the harm it did to GyPSii, GeoSolutions, and our team was devastating. We lost jobs and severances. To see something into which so many of us put years of effort, know-how, and our hearts be so diminished is deeply saddening.” The “sham” corporate structure GeoSolutions alleges in the complaint reflects a series of Chinese VIEs. This case is the first time a United States court has been asked to rule on the legality of this structure, which numerous legal and financial commentators say is used to evade Chinese law that prevents foreign ownership of domestic businesses in certain industries. Some of these commentators also say the VIE structure overstates company assets and exposes investors to underappreciated risks. GeoSolutions claims that Sina used its network of VIEs to steal its technology and hide revenue from GeoSolutions. “Sina used a series of shell companies to hide GeoSolutions’ technology and keep the company from knowing how widely its software was being shared – and monetized – across the labyrinth of Sina entities,” added Fox. “GeoSolutions entered the agreements in good faith. Now the company has lost its intellectual property and its expected stream of income. Most of its employees had to be laid off due to Sina’s greed.” Sina Corporation reports ownership of more than 20 “significant subsidiaries and VIEs,” including Palo Alto-based SINA.COM Online, one of the other defendants. In its own 2019 annual report, Sina admits that its use of VIEs is intended to circumvent Chinese law while exercising (in theory) operational control over the business. In the same report, Sina states that it “cannot be sure that the PRC government would view our contractual arrangements to be in compliance with PRC licensing, registration, or other regulatory requirements.” It is this questionable, and some commentators argue illegal, corporate structure that allowed Sina and Weibo to misrepresent their intentions to GeoSolutions. Impartial third-party experts agree that GeoSolutions’ LBS technology was stolen. In December 2019, a distinguished international arbitration tribunal unanimously ruled in favor of GeoSolutions. Among other things, the award held that Sina Hong Kong Limited, one of many subsidiaries of Sina and also a defendant in this new lawsuit, facilitated the unlawful use of GeoSolutions’ technology. Sina Hong Kong was ordered to pay GeoSolutions damages of more than $115 million, plus interest. The award was limited to damages incurred by GeoSolutions from August 11, 2014 through August 10, 2017, the time period defined in the terms of a 2014 software license agreement. More than a year later, Sina Hong Kong has still not paid the award. This is despite the fact that Sina publicly announced shortly after the ruling that it had set the money aside. The tribunal’s ruling also concluded that “evidence shows that other Sina entities made use of the Licensed Software, had possession of servers on which the software was based, and controlled usage data.” These facts had been hidden from GeoSolutions until December 2018 when they were revealed in testimony compelled from Sina witnesses during the arbitration. The complaint filed by GeoSolutions on March 15 lists six causes of action against Weibo and Sina: 1) Declaratory Relief, 2) Violation of Racketeer Influenced and Corrupt Organizations Act (18 U.S.C. §§ 1961, et seq.); 3) Violation of the Defend Trade Secrets Act (18 U.S.C. § 1836 et seq.); 4) Intentional Misrepresentation; 5) Negligent Misrepresentation; and 6) Unfair Competition (Cal. Bus. & Prof. Code §§ 17200, et seq.). The other entities named as defendants in the suit are part of the web of VIE entities and include SINA.COM Online, Weibo R&D Limited, New Wave MMXV Ltd., Sina Hong Kong Limited, GyPSii (Shanghai) Co., Ltd., Beijing Sina Internet Information Service Company Ltd., Beijing New Media Technology Information Company, Beijing Weimeng Technology Co., Ltd., Sina (Beijing) Information Technology Co. Ltd., SINA.COM Technology (China) Co., Ltd., and individuals Cao Guowei (aka Chao Guowei aka Charles Chao) and Wang Gaofei, respectively the CEOs of Sina Corporation and Weibo Corporation. Among the relief GeoSolutions is seeking are damages for all injuries suffered as a result of the defendants’ conduct, treble damages pursuant to RICO claims, disgorgement of wrongfully obtained profits, and injunctive relief prohibiting the defendants from engaging in the conduct described herein." To view the full complaint, visit www.GeoSolutionsTech.com. About GeoSolutions GeoSolutions Holdings N.V. and its subsidiary GeoSolutions B.V. (GeoSolutions) are the creators of location-based services (LBS) and social networking services (SNS) software, primarily for use on cell phones, laptops, notebooks, and other portable devices. LBS technology allows device users to search for and identify their contacts by location in real time. This functionality pioneered a significant, new functionality to SNS and created a way to monetize social media that is used extensively today across the world’s most popular platforms. For more information, go to www.GeoSolutionsTech.com. Contact Details GeoSolutions Melissa Arnoff kglobal for GeoSolutions +1 301-785-3329 GeoSolutions@kglobal.com Company Website https://geosolutionstech.com/

March 16, 2021 09:40 AM Eastern Daylight Time

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