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Velocity Global Named Official Global Work Platform of the LPGA and LET

Velocity Global

The LPGA announced today that Velocity Global, the leading provider of global expansion solutions, has been named the Official Global Work Platform of the LPGA and Ladies European Tour (LET) in a multi-year agreement. Velocity Global will work with the LPGA Tour and LET to highlight the global impact of their players, representing more than 60 countries, through enhanced storytelling opportunities and player recognition. “This partnership highlights that global talent pushes greater competition,” said Rob Wellner, Velocity Global Chief Revenue Officer. “Golf is truly a global sport and to achieve success, you must perform against anyone, anywhere. We’re proud to partner with the LPGA and LET to support the game’s global players just as our Global Work Platform supports talent and businesses around the world.” The partnership introduces the Velocity Global Impact Award, celebrating players who have helped to grow the sport of golf and inspire the next generation of athletes through their actions. More details on the Velocity Global Impact Award, including the structure of the 2022 nominations, will be shared in the coming months. “We’re excited to welcome Velocity Global to the LPGA Partner family and create this Impact Award to showcase our players outside the ropes,” said the LPGA’s Chief Sales Officer Kelly Hyne. “As a like-minded global business, Velocity Global will help illustrate the impact our players make in the game of golf and in their home countries. We look forward to many years of collaboration.” The LET will utilize the Global Work Platform from Velocity Global to simplify compliance, benefits and payroll for their talent to deliver tour events in 25 countries across multiple continents this year. “We are delighted to partner with Velocity Global to utilize their world-class expansion and talent solutions to help accelerate the growth of our business and international footprint,” said LET CEO Alexandra Armas. “We fully embrace this opportunity to best service our players and continue growing the game globally.” Additionally, as an Official Partner of the LPGA’s Women’s Network, Velocity Global will utilize the LPGA platform to highlight those initiatives internally focused around women’s leadership, diversity, equity, and inclusion through additional programming. Velocity Global furthered its support of the women’s game with the recent announcement that LPGA Tour players Lexi Thompson and Albane Valenzuela joined six-time PGA TOUR champion Billy Horschel and four-time APGA Tour champion Kevin Hall as its global golf brand ambassadors. About Velocity Global Velocity Global accelerates the future of work beyond borders. Its global work platform simplifies the employer and employee experience to employ any talent anywhere with just a click through its proprietary cloud-based workforce management technology, backed by personalized expertise and unmatched global scale. As the largest global Employer of Record (also known as International PEO) in 185 countries and all 50 United States, more than 1,000 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. The company offers additional services including Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across six continents. For more information visit velocityglobal.com. About the LPGA The LPGA is the world’s leading professional golf organization for women, with a goal to change the face of golf by making the sport more accessible and inclusive. Created in 1950 by 13 Founders, the Association celebrates a diverse and storied history. The LPGA Tour competes across the globe, reaching television audiences in more than 220 countries. The Symetra Tour, the LPGA’s official qualifying tour, consistently produces a pipeline of talent ready for the world stage. The LPGA also holds a joint-venture collaboration with the Ladies European Tour (LET), increasing playing opportunities for female golfers in Europe. Across the three Tours, the LPGA represents players in more than 60 countries. Additionally, the LPGA Foundation has empowered and supported girls and women since 1991, most notably through LPGA*USGA Girls Golf, the only national program of its kind, which annually engages with nearly 100,000 girls. The LPGA Amateur Golf Association and LPGA Women’s Network provide virtual and in-person connections to female golfers around the world, while LPGA Professionals are educators, business leaders and gamechangers dedicated to growing the game of golf for everyone. Follow the LPGA on its U.S. television home, Golf Channel, online at www.LPGA.com and on its mobile apps. Join the social conversation on Facebook, Twitter, Instagram and YouTube. About the LET The LET inspires women and girls to pursue their passion and realise their potential through the game of golf. At our core, we aim to build and deliver an extensive competitive schedule of events to enable our strong, energetic, proud, and confident players to compete at the highest level, pursue their dreams and lead by example. Our diverse and multicultural membership of 316 professional golfers represents as many as 36 countries. We are a global tour with roots in Europe. We aim to entertain and excite, but also to enhance health and quality of life, as a responsible, committed and respectful partner. Inspiring – our players are inspiring role models to follow and encourage others to pursue their own dreams. Passionate – we are driven by a passion to perform to our full potential and get better every day. It’s not just about the money or the glory, but a true love for the game. Committed – we are fiercely committed to continuous improvement and recognise the grit that it takes to achieve long-term goals. 2022 marks the 44th season of golf tournaments since the professional tour was founded in 1978 and the third edition of the Race to Costa Del Sol. This year’s schedule includes 31 events in 21 different countries and a record-breaking prize fund of €24.5 million. The LET Access Series is the official development tour of the LET, formed to give players an opportunity to compete and progress onto the LET and achieve their dreams in professional golf. Ladieseuropeantour.com #RaiseOurGame Contact Details Velocity Global John Hall +1 720-650-4348 news@velocityglobal.com LPGA Christina Lance christina.lance@lpga.com LET Bethan Jones bethan.jones@ladieseuropeantour.com Company Website https://velocityglobal.com/

January 18, 2022 07:01 AM Mountain Standard Time

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Osmo From BYJU’s Names Peter Glovin Senior Vice President of Educational Sales

Osmo for Schools

Award-winning STEAM brand, Osmo from BYJU’S, announces Peter Glovin’s appointment as Senior VP of Educational Sales, effective immediately. In this role, Glovin, a seasoned senior edtech sales executive, will develop and implement a U.S. sales strategy for the brand’s educational sales division, Osmo Education, as well as expand its sales team, targeting the Pre-K to Grade 5 education market. Osmo Education celebrated its fifth anniversary last March. “Peter’s proven background in edtech sales and business development will undoubtedly help open doors for Osmo in the education field,” says Cherian Thomas, Senior Vice President of International Business at Osmo from BYJU’S. “While we’ve seen tremendous support from kindergarten and elementary teachers in the past five years who individually purchased Osmo to use inside classrooms across the country, we’d love to build sales and begin support for the education community at the district level.” Glovin’s remarkable track record of success and longevity in sales is defined by his expertise in creating and implementing innovative sales programs, and providing targeted solutions for high-level customers. He was previously Senior Vice President of Sales at MIDAS Education where he led sales efforts for K-12, Higher Ed and Workforce development markets. “I see enormous growth potential for Osmo in the education market,” says Glovin. “The combination of tactile exploration and innovative technology is a powerful package that will help transform the way students learn while in school, and I’m energized by the shared vision that its learning system will be used by many more school kids in the near term, in addition to the focus and dedication of the team leading Osmo. I’m very excited to be part of the worldwide growth of BYJU’S.” Prior to MIDAS Education, Glovin was Vice President of District Relations at BrainPOP, where he led sales efforts for the K-12 supplemental content segment, increasing sales 500% between 2008 and 2019, and helping to expand the company’s domestic K-12 market share to 35%, plus building presence in key states like Texas, New York, Florida, Georgia, Virginia, and California. He was also closely involved in STEM-related product launches and liaising with industry advocacy groups. Before BrainPOP, Glovin held a number of business development roles for educational technology companies. In his early career, he held marketing roles with a number of media and publishing companies. Glovin has a B.A. from Hobart College. About Osmo from BYJU’S Osmo is an award-winning STEAM brand, wholly owned by BYJU’S, the leading global edtech company. Osmo from BYJU’s and Osmo Education products are used in over 2.5 million homes and 50,000 classrooms, respectively. Osmo builds a universe of hands-on, curriculum-based learning experiences that nourish the minds of children by unleashing the power of imagination. The brand brings physical tools into the digital world through augmented reality and its proprietary reflective artificial intelligence. Learn more at PlayOsmo.com and Osmo Education. Contact Details Osmo Lisa Fujioka lisa@tangibleplay.com Company Website http://schools.playosmo.com

January 18, 2022 05:00 AM Pacific Standard Time

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Gym Aesthetics Collaborates with OliveX Holdings Limited (OLX.NSX) on the NFTs in the Sandbox

Gym Aesthetics

STUTTGART, GERMANY - Media OutReach - 18 January 2022 - Gym Aesthetics, a fashionable and dynamic German fitness apparel brand, is pleased to announce its collaboration with OliveX (BVI) Limited, a subsidiary wholly-owned by OliveX Holdings Limited (NSX: OLX), to bring Gym Aesthetics trademarked fitness apparel to the metaverse. Gym Aesthetics digital items will be designed, constructed and distributed by OliveX while experiences are being offered to users within the 12 x 12 parcel of land owned by OliveX in the Sandbox through the sale of NFTs. The Sandbox is a leading decentralized virtual real estate and gaming world from Animoca Brands and has partnered with globally significant brands and Intellectual Property (IP) such as Snoop Dogg, Steve Aoki and The Walking Dead. Users will be able to visit the OliveX owned 12 x12 parcel of land and Social Hub which will include a marketplace for the Gym Aesthetics trademarked NFTs and provide a digital space for the Gym Aesthetics experiences. The Gym Aesthetics NFTs will provide players the ability to enjoy their rewards across a wider range of games, including utility within the wider OliveX ecosystem including Dustland Runner and Dustland Rider as well as in the Sandbox. Miranda Wong, Managing director of Gym Aesthetics, commented: “To cater the 24 hour fitness market demand, Gym Aesthetics plans to initiate a brand new "Fitness Interactive Platform" for the establishment of digital fitness ecosystem. The launching of NFTs is our first step to embrace the new era of digital fitness.” About Gym Aesthetics Gym Aesthetics is a fashionable and dynamic German fitness apparel brand which appeals to both the aesthetics and functional needs of its customers worldwide. Gym Aesthetics is the brainchild of two Bosch engineers, Phil and Aleks, serving the automobile industry and two professional Youtubers and athletes, Karl and Ralf. Its initial flashy wide stringers and short, thigh hugging shorts stormed the German bodybuilding community with enormous success, and achieved cult status shortly. 2017 marked a new chapter for Gym Aesthetics when an Asian fund company spotted its potential and invested in the German brand to further reinforce its brand image, expand its product range and market share globally. The headquarters was subsequently relocated to Hong Kong, with branches in Stuttgart, Germany and Beijing, China. Gym Aesthetics has a significant social media presence and has partnered with prominent fitness professionals such as Sergi Constance, a world renowned Spanish bodybuilder, Mr. Olympia competitor, world famous influencer with 5.1 million followers and the Gym Aesthetics' current brand ambassador. Currently, Gym Aesthetics is proactively embracing omni-channel marketing and retailing, and is making impressive strides in its globalisation strategy. In line with this strategy Gym Aesthetics is now seeking to bring its world class apparel products to the fitness metaverse. About OliveX Holdings Limited: OliveX (NSX:OLX) is a digital health and fitness company selling innovative products and applications to deliver a unique user experience using artificial intelligence, gamification and premium content. With its flagship product the KARA Smart Fitness Mirror and associated subscription-based applications, OliveX provides a platform that links and engages consumers with brands, influencers and fitness coaches and that enables any space to become a personal fitness studio. OliveX has a market reach that spans over 170 countries. #GymAesthetics Contact Details Roy / Susanna corporate@gymaesthetics.com

January 18, 2022 03:32 AM Eastern Standard Time

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Nobel Laureates to discuss the future of science at Vietnam’s VinFuture Award Week

Vingroup

HANOI, VIETNAM - Media OutReach - 14 January 2022 - As part of the VinFuture Award Week (Jan 18 – 21, in Hanoi), the "Science for Life" Symposium will see some of humanity’s greatest thinkers give detailed predictions about the future of mankind. Slated for January 19, the symposium, covering three main areas: Energy, Artificial Intelligence (AI) and Health, is considered a “must-go” event for outstanding minds in global science and technology, who will be attending the VinFuture Awards Week from January 18-22. The "Future of Energy" session is a unique event in Việt Nam that brings together two Nobel laureates, Sir Konstantin S. Novoselov and Professor Gérard Mourou, as well as the owner of the 2010 Millennium Technology Prize - Sir Richard Henry Friend. Professor Novoselov, the world's youngest Nobel laureate in Physics, created graphene known as a super material, which is predicted to become a mainstream material in the future. Professor Mourou, the 2018 Nobel laureate in Physics, is considered the "father" of ultra-short pulse laser amplification technology - a technique used in eye surgeries for millions of people each year. Meanwhile, Professor Friend is recognised worldwide as his research has laid the foundation for the birth of OLED screens - a common part in electronic devices such as televisions and smartphones today. At the symposium, questions about the most important alternative energy sources in the future like “How to make energy cleaner, cheaper and easily accessible to the vast majority of people around the world?” will be addressed. The topic interests both the scientific community and business circles. At the "Future of Artificial Intelligence" session, the world's leading scientists such as Dr. Padmanabhan Anandan, Prof. Jennifer Tour Chayes, Dr. Xuedong David Huang, and Dr. Bui Hai Hung will provide an overview of the impact of AI on people's lives, how to create competitive advantages, close the gap between countries as well and ease potential risks or consider ethical aspects. The event will bring Vietnamese scholars and public a rare opportunity to meet and talk directly with famous names coming from technology giants such as Microsoft, Google or Adobe. Dr. Padmanabhan Anandan is former founder and CEO of Microsoft Research India, vice president at Adobe Research, with expertise in computer vision, visual motion analytics, video surveillance and 3D scene modelling. Jennifer Tour Chayes is the managing director of three Microsoft Research centers in Cambridge, New York and Montreal. Microsoft Corporation Chief Technology Officer Xuedong David Huang currently owns 170 patents, and plays an important role in robot research that can see, hear, understand and support human life best way. Meanwhile, Dr. Bui Hai Hung used to hold important positions at Google DeepMind and Adobe Research, AI Center, and SRI International. Attracting the most attention is probably the "Future of Health" session, where health ‘spellbinders’ will discuss the progress of medicine, responsibilities in the field of health and issues surrounding the fight against the COVID-19 pandemic and its variants. Notably, the scientists laying the foundation for COVID-19 vaccines technology will reveal the journey of a nearly 30-year preparation to produce a "weapon" in the fight against the global pandemic. These include Prof. Pieter Rutter Cullis, pioneer in gene therapy using lipid nanoparticle (LNP) technology; Drew Weissman and Dr. Katalin Kariko, co-recipient of the Breakthrough Prize in Life Sciences 2021 with mRNA technology that shortens the production time of vaccines from years to just months. Attending the symposium, the South African-born professor married couples, Salim Abdool Karim and Quarraisha Abdool Karim, will also share information about the "miracle" Tenofovir. This is considered a breakthrough invention that helps reduce the amount of HIV in the blood and reduces the risk of AIDS-related illnesses and other dangerous infectious diseases. Right after the "Science for Life" Symposium, the winners of the prestigious VinFuture Prize will be announced in the award ceremony held at 8:10pm on January 20 at the Hanoi Opera House. The organizers have carefully prepared a COVID-19 test for all guests participating in VinFuture events, in order to ensure a high level of safety. VinFuture Science Week has four main activities: - January 18, 2022: Conversation with VinFuture Prize Council and Pre-Screening Committee, where famous scientists share stories of passion, achievements and sacrifices of scientists. - January 19, 2022: The "Science for Life" Symposium has three discussion sessions, each session will last 90 minutes with the topics: Future of Energy, Future of Artificial Intelligence and Future of Global Health. - January 20, 2022: Inaugural Award Ceremony of VinFuture Prize at Hanoi Opera House at 8:10pm (live broadcast on VTV1 and major domestic and international platforms). - January 21, 2022: Scientific Dialogue with the VinFuture Prize Laureates. Contact Details Vingroup v.nammh@vingroup.net Company Website https://www.vingroup.net/en

January 14, 2022 10:01 AM Eastern Standard Time

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Fermata Energy Raises $40M in Recent Fundraising Round, Led by Carlyle

Fermata Energy

Fermata Energy, a leading vehicle-to-everything (V2X) technology services provider, announced today it has raised $40 million in investments to accelerate the company’s growth. "When I set out to create a company that accelerated the adoption of EVs by making them more affordable, while at the same time fortifying the electric grid, I did not imagine how quickly this technology would take off, and how important our technology would prove to be, particularly in light of climate change," said founder and CEO, David Slutzky, "I could not be more pleased by the recent round of fundraising and projects we now have in operation. Each partner brings unique, strategic benefits, and we are thrilled to leverage those in the coming months.” V2X technology enables electric vehicle (EV) integration with the continued growth in renewable energy into the electric power grid. Fermata Energy’s V2X technology provides essential energy storage to the power grid to facilitate the transition to renewables and provides revenue generation capabilities for vehicle and fleet owners. To transition to a clean energy economy, abundant energy storage must be deployed quickly and at scale. Investment from our new partners, including funds managed by global investment firm Carlyle (NASDAQ: CG) and Verizon Ventures, will allow Fermata Energy's next-generation bidirectional EV charger and accompanying proprietary software to be ready to dispatch power from stored energy in EV batteries directly back into the grid, building, or home. This functionality turns EVs into energy storage resources, and in the process, unlocks and monetizes the massive energy storage potential of EVs. “Bidirectional charging technology will become essential as electric vehicles increasingly become a key component to global decarbonization,” said J.B. Oldenburg, a Managing Director specializing in renewables investing at Carlyle. “We are proud to partner with Fermata Energy to accelerate the deployment of its bidirectional offering and believe Carlyle’s broad network and expertise in business development will help jumpstart the company’s growth.” In July 2021, as part of their participation in the 5G Studio, a collaboration between Verizon and Newlab, Fermata Energy's V2X energy management software successfully leveraged Verizon's 5G Ultra Wideband network to react to changes in the grid based on near real-time data and with near-zero latency. Through this partnership, Fermata Energy was connected to Verizon Ventures, the corporate strategic investment arm of Verizon that finds and funds the 5G future. "Distributed energy use and storage continue to grow in importance, in part due to the fast-growing EV space,” said Kristina Serafim, Managing Director of Verizon Ventures. "Both 5G and mobile edge compute are integral to the future of managing and tracking distributed clean energy, so Verizon Ventures is excited to support Fermata Energy's incredible team and mission as they help accelerate the adoption of EVs and help to transform renewable energy on the grid." Fermata Energy’s existing investors include Skyview Ventures, I Squared Capital, and ClearSky. "Our partnership with, and investment in, Fermata Energy demonstrates our commitment to being a leader in mobility and vehicle-to-everything technology,” said Andy Karetsky, President, Skyview Ventures. “We look forward to working together to implement a network of vehicle-to-grid charging stations while optimizing grid functionality.” "Fermata Energy's V2X technology has proven to save building owners money and add resilience to the grid," said Alex Weiss, Managing Partner at ClearSky "We are excited to be a part of Fermata Energy's growth at such a critical time for electric vehicles and charging infrastructure." "I Squared Capital has deep expertise in this area, and a robust venture program to help innovative companies, like Fermata Energy, scale at such a critical time in the market," said Peter L. Corsell, InfraTech Fund Partner. "We are committed to accelerating demand for V2X technology as the model for EV adoption." ABOUT FERMATA ENERGY Fermata Energy’s proprietary vehicle-to-everything (V2X) software and bidirectional hardware technology turns EVs into energy-storage assets, and makes it possible for EVs to combat climate change, increase energy resilience, and reduce energy costs. For more information, visit www.fermataenergy.com, and follow us onTwitter (@FermataEnergy), LinkedIn, Facebook, and Instagram (@fermata__energy). Contact Details North Coast Strategies Daniel Cherrin +1 313-300-0932 dcherrin@northcoaststrategies.com Company Website https://www.fermataenergy.com

January 14, 2022 08:04 AM Eastern Standard Time

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G Medical Innovations (NASDAQ: GMVD) is forecasting incremental Q1 revenues at around $30 MM, based on revenue generated from G Medical Tests and Services’ physical storefront testing locations

G Medical Innovations Holdings

Dr. Yacov Geva, President and CEO of G Medical Innovations, and Michael McDade, CEO of McDade Products, LLC, announced today that they acquired an undisclosed number of shares of G Medical Innovations (NASDAQ: GMVD). The CEO of McDade Products, LLC cited high confidence levels for sales of the co-branded LiveNow COVID-19 PCR Test Collection Kits announced this week and the forecasting of $30MM in revenues generated from the successful storefront COVID-19 testing locations operated by the company’s G Medical Tests and Services division. G Medical Tests and Services currently operates storefront testing locations in California. During the next few months, the company expects to expand its network of storefront testing locations in California and other U.S. regions to be announced at a later date. Pittsburgh-based McDade Products, LLC and G Medical Tests and Services have partnered to make millions of FDA EUA-approved COVID-19 PCR collection test kits available for retailers to sell by the end of January, in response to a national shortage of COVID-19 test options. The LiveNow COVID-19 PCR Test Collection Kits provide 24–48-hour certified lab results and retail for $9.99. Visit https://www.mcdadegrp.com/ to place orders for the LiveNow PCR Collection Kits. “With the U.S. government’s shift to emphasize COVID-19 testing to combat this virus, I’ve acquired stock with G Medical on the open market because I strongly believe in the future of the company. As a trusted and proven mobile health and e-health company, G Medical is now making SARS-CoV2 certified lab testing even more accessible and convenient for consumers,” said Michael McDade, CEO of McDade Products, LLC. McDade Products is a division of McDade Group, a privately held specialty sales, marketing, and distribution company serving the U.S. retail industry. About McDade Group Founded in 1994, McDade Group is a growing and dynamic sales, marketing, and distribution services company headquartered in Pittsburgh, PA. The company has expanded to provide solutions in distribution, category management, full-service merchandising, and consulting across the U.S. retail industry. Many of the world’s leading CPG manufacturers rely on the ability of McDade Group to build strong industry relationships and deliver services, insights, and expertise for hundreds of their products. Visit: https://www.mcdadegrp.com/ or LinkedIn: https://www.linkedin.com/company/mcdade-group/. About G Medical Innovations G Medical Innovations Holdings Ltd. is an early commercial stage healthcare company engaged in the development of next generation mHealth and telemedicine solutions and monitoring service platforms. The Company’s solutions and services can empower consumers, patients and providers to better monitor, manage and improve clinical and personal health outcomes, especially for those who suffer from cardiovascular disease (or CVD), pulmonary disease and diabetes. The Company’s current product lines consist of its Prizma medical device (or Prizma), a clinical grade device that can transform almost any smartphone into a medical monitoring device enabling both healthcare providers and individuals to monitor, manage and share a wide range of vital signs and biometric indicators; its Extended Holter Patch System, a multi-channel patient-worn biosensor that captures electrocardiography (or ECG) data continuously, including its QT Syndrome Prolongation Detection Capabilities Patch. In addition, the Company is developing its Wireless Vital Signs Monitoring System (or VSMS), which is expected to provide full, continuous and real time monitoring of a wide range of vital signs and biometrics. Its monitoring services include provision of Independent Diagnostic Testing Facility (or IDTF) monitoring services and private monitoring services. Visit https://gmedinnovations.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on G Medical’s and McDade Products’ current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of G Medical and McDade Products could differ materially from those described in or implied by the statements in this press release. For example, G Medical is using forward-looking statements when it discusses delivery of purchase orders and anticipated gross profits. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in G Medical’s prospectus filed pursuant to Rule 424(b)(4), filed with the Securities and Exchange Commission (“SEC”) on June 28, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, the companies undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. G Medical and McDade Products are not responsible for the contents of third-party websites. Investor Relations CONTACT: G Medical Innovations Kobi Ben-Efraim, CFO Contact Details Kobi Ben-Efraim, CFO +972 8-958-4777 service@gmedinnovations.com Company Website https://gmedinnovations.com/

January 14, 2022 07:00 AM Eastern Standard Time

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LanzaJet Secures Industry-Leading, Innovative Financing with Microsoft Climate Innovation Fund to Construct the World’s First Commercial Alcohol-to-Jet Sustainable Fuel Plant

LanzaJet

Today, LanzaJet, a sustainable fuels technology company and renewable fuels producer, announced it has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet's (and the world's) first alcohol-to-jet sustainable aviation fuel (SAF) production plant. The innovative structure of Microsoft's financing will enable LanzaJet to bring lower-cost sustainable aviation fuel and renewable diesel to the global market. LanzaJet is dedicated to accelerating the energy transition in sectors where decarbonization is hard, such as aviation. LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources. This investment also creates the opportunity for LanzaJet and the Microsoft Climate Innovation Fund to work together in enabling LanzaJet, through the Freedom Pines Fuels plant, to catalyze the market for 2 nd generation, waste-based ethanol feedstock, demonstrating clear demand signals for ethanol that can achieve greater carbon reductions. The construction of Freedom Pines Fuels is progressing as planned, even with supply chain, manufacturing, and labor shortages impacting the global economy. Fabrication of the plant is well underway; some modules are already completed and final site engineering is nearing completion. The LanzaJet Freedom Pines Fuels plant is expected to achieve mechanical completion this year and begin producing 10 million gallons of SAF and renewable diesel per year from sustainable ethanol, including from waste-based feedstocks, in 2023. The investment was made as part of Microsoft's efforts to achieve its 2030 goal of becoming carbon negative and advancing a net-zero economy. It also allows Microsoft to access sustainable, renewable diesel for its data centers to enable Microsoft to further achieve its net-zero goals. Demand for sustainable fuels is increasing, and governments like those in the United States and the United Kingdom are leading the transition by encouraging sustainable fuel production. The Biden administration set a goal for achieving net-zero aviation emissions by 2050, with the E.U. wanting to increase the amount of SAF blended to 63% by 2050. In September of 2021, the White House announced a target of 3 billion gallons of SAF produced per year by 2030. As part of that announcement, LanzaJet shared it would strive to achieve 1B gallons of SAF production in the US by 2030, significantly supporting US ambitions. Private sector investment and government support are crucial to enabling the development and scale-up of new technologies to curb carbon emissions as the world tackles climate change. The collaboration between LanzaJet and the Microsoft Climate Innovation Fund demonstrates that such an innovative investment approach breaks down barriers by deploying new technologies, improves our nation's infrastructure, and creates new economic opportunities in rural communities. The development of LanzaJet’s Freedom Pines Fuels plant is also supported by funding from the U.S. Department of Energy Bioenergy Technologies Office. LanzaJet continues to work with its founding investors to scale up the production of sustainable fuels to meet global demand and to enable the energy transition underway. Microsoft's financial support of LanzaJet joins other LanzaJet funders including LanzaTech, Inc., Suncor Energy Inc., Mitsui & Co., Ltd., British Airways, Shell, and All Nippon Airways – all who are working together to catalyze and build a new global market for sustainable fuels. Jimmy Samartzis, LanzaJet CEO, said: "We know that creating the change which our world desperately needs requires perseverance, innovation, and like-minded partnerships. We are thrilled to bring on Microsoft and its Climate Innovation Fund to help us build our first-of-its-kind sustainable fuels plant in Georgia. The partnership with Microsoft is more than just financing – it advances our work towards net zero fuels, it enables lower-cost sustainable fuels into the market, and it supports the urgency to have real, proven technologies scale-up and deploy." "We set a bold ambition to support the White House with a goal of 1 billion gallons of sustainable fuels by 2030. With Microsoft's support, this first plant significantly expands the production of sustainable fuels in the US, establishes Georgia as a leader in cleantech, and is the foundation for us as the first alcohol-to-jet sustainable fuels producer, and as a blueprint for the commercial plants we're developing globally." Brandon Middaugh of Microsoft's Climate Innovation Fund said: "With this investment, we support LanzaJet in creating new pathways to help companies across industries achieve net-zero carbon through the use of sustainable fuels. Decarbonizing hard to abate industries and technologies will be essential to achieving our carbon reduction goals by 2030. We look forward to working with LanzaJet to accelerate the global development and deployment of high-quality, sustainable fuels technologies." Governor Brian P. Kemp (Georgia), said: “LanzaJet is adding to Georgia’s growing sustainability ecosystem with the development of their aviation fuel and renewable diesel products,” said Georgia Governor Brian P. Kemp. “We congratulate LanzaJet, Microsoft, Soperton, and Treutlen County on this innovative opportunity. We’re proud that they’re growing in Georgia’s pro-business environment, and we look forward to working with them to support their production goals in the future.” U.S. Senator Jon Ossoff (Georgia), said: "This is good news for Georgia. My vision remains that Georgia should lead the nation in clean energy and renewable energy technology — including sustainable aviation fuels. I brought the Secretary of Energy to visit the LanzaJet site last year, and I will continue working to promote clean energy technology and create Georgia jobs.” U.S. Representative Rick Allen (GA-12), said: “This is great news for Georgia’s 12th District as it will enable continued investment and workforce development in Soperton. I applaud LanzaJet on today’s announcement, which is the result of free markets and innovation at work.” State Senator Blake Tillery (Vidalia-19), said: “We are continually working on jobs and investment in rural Georgia and are excited about what this announcement today means for Treutlen County and the surrounding areas.” About LanzaJet LanzaJet, Inc. is the world’s alcohol-to-jet technology leader and producer of Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD) from ethanol. LanzaJet’s alcohol-to-jet technology has been in development for more than a decade through a partnership initially between LanzaTech and the US Department of Energy’s Pacific Northwest National Lab (PNNL). PNNL developed a unique catalytic process to upgrade ethanol to alcohol-to-jet synthetic paraffinic kerosene (ATJ-SPK) which LanzaTech took from the laboratory to pilot scale. LanzaJet is now commercially deploying the technology globally. Launched in June 2020, LanzaJet produces SAF and renewable diesel for hard to decarbonize sectors such as transportation including aviation and maritime. With its approach to the commercialization of SAF, LanzaJet creates regional jobs while enabling global decarbonization of the aviation sector. The LanzaJet process can use any source of low CI, sustainable ethanol for fuel production. Investors include LanzaTech, Inc. - the world’s carbon recycling leader and sponsor that spun out LanzaJet, Suncor Energy Inc. - Canada's leading integrated energy company, British Airways - the flag carrier airline of the United Kingdom, Shell – a global energy company, and Mitsui & Co., Ltd – a leading Japanese trading and investment company. Further information is available at https://www.lanzajet.com/. Contact Details North Coast Strategies Daniel Cherrin +1 313-300-0932 dcherrin@northcoaststrategies.com Company Website https://www.lanzajet.com

January 13, 2022 09:04 AM Eastern Standard Time

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Velocity Global and Icelantic’s Winter on the Rocks gives respite and relief to Marshall Fire victims

Velocity Global

$30,000 donation to relief fund VIP tickets to Red Rocks for those affected by the fire Velocity Global has partnered with Icelantic’s Winter on the Rocks to donate $30,0000 to the Boulder County Wildfire Fund to assist with recovery from the Marshall Fire, as well as a special VIP Red Rocks experience for those affected by the worst wildfire in Colorado history. “Our hearts go out to our neighbors who lost all of their possessions and precious life in the blink of an eye,” said Ben Wright, Velocity Global founder and CEO. “Money helps in times like this, but so does a brief escape from the realities of recovery. We chatted with our partners at Icelantic’s Winter on the Rocks to find a way to provide that getaway, even for just a night at Red Rocks.” Denver-based Velocity Global, the leading platform for global talent solutions, is a presenting sponsor of Icelantic’s Winter on the Rocks, a partnership between Icelantic Skis, The Pinecone Project, and AEG Presents Rocky Mountain. The group is donating VIP tickets to those affected by the Marshall Fire. “Music and community can help heal and we’re thrilled to be in a position to offer both to those impacted by this tragedy,” said Sam Warren, director and founder of Winter on the Rocks. “We’re asking anyone who knows someone affected to let us know and we’ll give them a night at Red Rocks.” The only winter concert at Red Rocks is celebrating its 10-year anniversary this year with Diplo, Sofi Tukker, Talib Kweli, DJ Matt Cassidy, and JACOBY on January 28th. Velocity Global will distribute tickets to those affected through its social media accounts on LinkedIn, Twitter, and Instagram starting today. About Velocity Global Velocity Global accelerates the future of work beyond borders. Its global work platform simplifies the employer and employee experience to employ any talent anywhere with just a click through its proprietary cloud-based workforce management technology, backed by personalized expertise and unmatched global scale. As the largest global Employer of Record (also known as International PEO) in 185 countries and all 50 United States, more than 1,000 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. The company offers additional services including Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across six continents. For more information visit velocityglobal.com. Contact Details Velocity Global John Hall +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

January 13, 2022 07:01 AM Mountain Standard Time

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Akeneo Named Innovatech Award Winner for 2022

Akeneo

Akeneo, a global leader in Product Experience Management (PXM) solutions, today announced that it has been named an Innovatech Award winner for 2022. The award, which honors the year’s best digital services and software providers, is a stamp of recognition for Akeneo’s commitment to innovation and customer satisfaction, and its continuing role as a tech industry leader. Innovatech, a global membership-based trade association founded to support, assist, and inform technology-based businesses, created the Innovatech Awards as an annual celebration of tech industry excellence. Candidates are nominated by the public, making the awards a true reflection of tech innovators’ consistent support from both customers and industry peers. Award winners are painstakingly selected by a panel of industry experts, based on third-party reviews and customer feedback aggregated from across the web, and careful comparative analysis of product features and capabilities. Only candidates that demonstrate uniqueness, unrivaled quality of services and facilities, and exceptional levels of customer care across a number of key categories are eligible for recognition. “This has been an extraordinary year, and the standard of entries was incredibly high,” said Jay Williams, Innovatech awards director. “The judging panel had great difficulty in narrowing down the entries, but the winners reflect the very best in industry standards. We were overwhelmed by the quality of entries, and we’d like to congratulate Akeneo for standing out as a true industry champion.” "Winning the Innovatech Award for 2022 is a real honor, and a testament to Akeneo’s commitment to innovation, industry leadership, and customer care,” said Kristin Naragon, Akeneo’s VP of Marketing and Strategy. "Over the past year, we’ve invested in our team and in our technology, and we’ve helped top brands all over the world to unlock the power of PXM for their products and their customers. We’re thrilled to have our efforts recognized by this prestigious award.” The full list of Innovatech Award winners will be included in the annual awards publication that will be available for digital download in February. About Akeneo Akeneo is a global leader in Product Experience Management (PXM) solutions that help merchants and brands deliver a compelling customer experience across all sales channels, including eCommerce, mobile, print, and retail points of sale. Akeneo's open-source enterprise PIM, and product data intelligence solutions, dramatically improve product data quality and accuracy while simplifying and accelerating product catalog management. Leading global brands, including Fossil, Staples, Tarkett, and Grundfos, trust Akeneo's solutions to scale and customize their omnichannel and cross-border commerce initiatives. Using Akeneo, brands and retailers can improve customer experience, increase sales, reduce time to market, go global, and boost team productivity. For more information, visit https://www.akeneo.com. About Innovatech The Innovatech Awards are an annual celebration of excellence across all sectors of technology. The independent awards program recognizes the best digital services and software available. For more details, go to www.innovatechawards.com. Contact Details Ran Xu +1 213-309-2373 ran@rosebudpr.io Company Website https://www.akeneo.com

January 13, 2022 09:00 AM Eastern Standard Time

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