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AI startup DhiWise secures $7m series A round as it builds the world’s most intelligent pro-code programming platform

DhiWise

Over 30 million mobile and web app developers around the world are hard at work creating the next big thing. But like most jobs, large chunks of their work (as much as 60%) remains monotonous and could be automated. To address this problem, AI startup DhiWise is building a programming automation platform and is today announcing a $7M series A funding round to eliminate the mundane and repetitive tasks in developers’ lives. The round was led by Accel and Together Fund with participation from India Quotient along with founders from companies like WebEngage, Fleetx and Rocketlane. With this funding round, DhiWise has raised close to $9.5M in total. In its beta phase over the past 8 months, DhiWise has already saved more than 1 million-hours of programming for its 30,000 users. The DhiWise platform converts designs into code along with data binding, authentication, run time permissions, authorizations and much more so that developers can focus on business logic and core algorithms. It generates clean, structured, readable and modular code in MVC and clean code architecture that can be built upon later for scalability. DhiWise empowers developers so that they can work with their highest abilities to focus on coding what matters Founded in April 2021 by Vishal Virani (CEO) and Rahul Shingala (CTO), DhiWise goes beyond a low-code or no-code fix for developers but a DevTool that solves real-life developers problems. These were problems that the founders saw first hand having worked together for 8 years in IT consultancy with a team of 150 developers who built 200 projects for clients across 24 countries. To meet project deadlines and increase productivity, they deployed several low-code and no-code tools (including existing Figma to code conversion platforms) but the results were flawed. The generated output either did not have the required code quality and architecture or had multiple dependencies on the tool in consideration. This prompted them to build a programming platform of their own. After 6 months of R&D, their team of 50+ developers came up with multiple algorithms to automate the programming lifecycle by keeping in mind the source code standards where developers can build upon the code further. Within 8 months of setting up, DhiWise won the Golden Kitty awards 2021 by Product Hunt in the developer tool category. Their Figma to code plugin also has 5000+ installations so far. DhiWise co-founder and CEO, Vishal Virani commented: “We don't want to restrict ourselves to internal applications or other drag-and-drop platforms to create MVPs, so we developed a pro-code platform that can enable developers to deliver production-ready source code 10x faster for all kinds of apps, internal or complex. What sets DhiWise apart from its contemporaries is its accuracy of auto-identification of components, source code quality and no dependency hell.” “DhiWise-generated source code will be as good as being written by developers themselves. We are laser sharp focussed on empowering developers to become more productive instead of replacing them. To adapt the platform, developers need not change their behaviour; it is going to be as easy as using an IDE in their day-to-day lives. DhiWise is the only platform in the world which supports declarative UI in the low-code space, eventually being the torch bearer of a new category which we proudly call “Pro-code”. DhiWise plans to use the investment to move one step forward toward its vision of building the most intelligent programming platform in the world. Keeping React and Flutter applications as the core of their value proposition but including features like importing design systems, auto-identification of reusable components from Figma designs, and declarative UI in their upcoming releases so that developers can use the platform at any given point in time during their app development journey. No matter if it is a new application or an application with an existing code base, building front-end production-level applications would be a breeze. Manav Garg, Founding Partner at Together Fund added: "DhiWise's vision of enabling the ~30M professional devs today by embedding itself directly into their workflows and not requiring them to change their behaviour is compelling" About DhiWise DhiWise is a programming platform where developers can convert their designs into developer-friendly code for Mobile and web apps. DhiWise automates the application development lifecycle and instantly generates readable, modular and reusable code. Contact Details Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.dhiwise.com/

August 26, 2022 10:00 AM Eastern Daylight Time

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Minuteman Press Franchise in Swindon, England Reopens Doors After Flooding and Fire

Minuteman Press International Inc

Minuteman Press in Swindon, England has reopened its physical location at 19-21 Newport Street (Ground Floor – Newport House). After suffering water damage from flooding in July of 2021 and electrical fire damage in October of 2021, owner James Beckwith and his team continued to operate and serve clients as repairs were being made. James shares, “The community has been fantastic, we officially remained open the whole time taking orders from the website and emails, as well as keeping our phone lines open. We have had nothing but positive comments and folks telling us they are so happy we are back open. Some customers have commented that though they had to go elsewhere for a time, the quality of the print and the quality of the service just didn’t compare to what they received when working with us.” During this critical time and leading to the reopening of their facility, James was grateful to be part of the Minuteman Press franchise family, who stepped in and provided crucial support in many areas. James says, “Mark Jones (UK South Regional VP) and Richard Myers (local field rep) and Duncan Diesel (at MPIHQ) have been invaluable to us. I routinely spoke with Duncan on equipment decisions when ours was being replaced as well as marketing ideas and technical help with Minuteman Press FLEX software and the new website. Richard has been out to see us during the time we had no premises to work up a plan once we were back open and he has been out since opening to assist with production processes and marketing ideas. Mark Jones was always at the end of the phone if we needed advice on anything. He was very key in us making the decision to stay in our current premises when we were investigating moving locations.” Being part of the Minuteman Press system also enabled James to receive vital support from choice vendors like Xerox. James states, “I want to particularly give a shout out to Xerox. They were amazing throughout the entire process. The Xerox kit was always the most expensive shop item and there were lots of negotiations on price to replace the two Versants that were damaged. They ultimately gave us the opportunity to acquire the Xerox Iridesse and offline booklet maker to match the requirements from the two previous Versants while keeping the insurance company happy on cost. Xerox also gave me near free reign of their Uxbridge HQ where I was allowed to run one particular job on their presses every month for six or seven months.” Today, with the repairs finished, new equipment in place and new signage installed, James is excited about the upgrades that have been made to the business. He says, “Our offices and production area have been refurbished, and we can now provide more services than before.” James continues, “We now have totally new kit, and because it is so versatile, we can offer more options than before, with an even faster turnaround. The new Xerox Iridesse is a full production press allowing us more and faster capabilities as well as improved image quality over our previous presses.” He adds, “Even our booklet-making capacity has improved. Whereas before, making a large number of booklets could take several hours, we can now produce up to 3,000 booklets in an hour.” James further explains the benefits of the new equipment installed at Minuteman Press in Swindon: “The Iridesse is absolutely amazing. The image quality is second to none. The job that I would run at Xerox HQ was a monthly magazine run for a local village. 1050 copies, ranging from 20 – 32 pages each month. On our Versants, the job would take 6 – 8 hours. Now the entire job takes us about 2 hours!” We were able to update our Duplo 615 to the 618 and that piece of kit is a dream. Touch screen, easy to configure and very dependable. We replaced our SureColour T5200 with the same model, however now we have the large format scanner which was one area we were sorely lacking. Customers would routinely come in with paper plans looking to get copies or scans and we would have to turn them away, now we can handle the full job for them. We replaced our HP Latex 330 with the Latex 335 that has the Print & Cut feature. We couldn’t be happier with the decision. We are still getting our feet wet with the Print & Cut, but so far we are producing work on all the new kit.” Minuteman Press in Swindon also plans to re-add dye sublimation and add a self-service area for walk-in customers who need a simple print job. James says, “This is really ideal if someone wants a return label printed, for example. We always offered this kind of service for customers, but soon they will be able to do it on a DIY basis.” James concludes, “We are happy to be back in our new and improved facility, and we are excited to continue to welcome back our clients. We are so thankful for them and all of the help we’ve received from our community and MPIHQ, and now we are ready to serve our clients better than ever before.” For more information about Minuteman Press in Swindon, visit https://minuteman.com/uk/locations/england/swindon/ To learn more about #1 rated Minuteman Press franchise opportunities and to see Minuteman Press franchise reviews, visit https://minutemanpressfranchise.co.uk or https://minutemanpressfranchise.com Contact Details Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

August 26, 2022 05:00 AM Eastern Daylight Time

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Has This Company ‘Sekured’ Safe Messaging In The Wild West Of User Data Protection?

Sekur Private Data Ltd

Concern has reportedly grown in recent years about insecure messaging and data harvesting of private electronic activity. This has seemingly been countered by a steady shift toward data encryption as one solution, but widespread online protection remains a relatively new, underdeveloped field. Nevertheless, text messaging, multimedia messaging and app-to-app messaging have exploded in the past couple of decades. On a daily basis, 27 billion texts, 60 billion WhatsApp messages and 319 billion emails are sent worldwide. All of these messages constitute data, which is precious and personal, as reflected in the saying, “Data is the new oil,” coined by mathematician Clive Humby. Unfortunately, many companies might be unscrupulous about harvesting and selling users’ private data. Numerous scandals cropped up in recent years, which indicates that users’ data is not safe. For example, the Cambridge Analytica breach in 2018, which involved Meta Platforms Inc. ’s (NASDAQ: META) Facebook platform allowing data to be used for political advertising; LinkedIn having a major data breach, with all its users’ data posted to the dark web; and users en masse ditching WhatsApp in 2021 over secure messaging concerns. In response to these events, alternative messaging platforms have popped up in the past few years. Prominent among these are Signal, Telegram and Threema. These platforms remain almost exclusively focused on messaging, possibly leaving the field open for a company to produce a more comprehensive, self-sufficient system that replicates the data storage and communication offerings of mainstream companies but on a secure and encrypted platform. The Platform Inviting Communication Expansion? Sekur Private Data Ltd. (OTCQX: SWISF) is building an ecosystem it says is based on protecting privacy while maximizing efficient use — the Switzerland-hosted company uses a proprietary, non-open source, military-grade encryption service that runs off Swiss International Standard for Organization-certified data centers that house Sekur’s private servers. Using its own servers means the system avoids any main cloud service, provided by companies like Alphabet Inc. 's (NASDAQ: GOOGL) Google and Microsoft Corp. ’s (NASDAQ: MSFT) Azure, which can reportedly be more vulnerable to hacking and data breaches. Sekur’s comprehensive Communications platform goes beyond messaging. It includes messaging, chat-by-invite, letting Sekur users message non-Sekur users and includes secure instant messaging, group creation, audio recordings, encrypted email with proprietary SekurSend feature and a 100Gb storage for its SekurMail solution. Sekur’s Data and document management suite includes secure email, document storage, disaster recovery and encrypted password management. The company reports that unlimited storage is available for Sekur messages, and all data is securely backed up multiple times in multiple locations in Switzerland. The plethora of social media apps can be overwhelming and may discourage people from using obscure messaging apps. But Sekur says its secure and private ecosystem can communicate with users outside of its platform through its recently developed Chat-By-Invites function. Chat-By-Invite uses email or text messaging to invite a user who is not on Sekur to message privately and securely via the Sekur platform without using the app or purchasing the service. After the conversation, the Sekur user has the ability to destroy the messages at both ends of the communication and wipe them from the server, protecting the integrity of the secure system. Another advantage of the Sekur platform is that it does not require users to give their phone numbers to register, reducing dramatically the risk of hacks and creating a more private experience for senders and recipients. This function is also available for emails with SekurSend. Sekur’s Chat-By-Invite and SekurSend initiatives are seen as important because they provide a cohesive platform with the flexibility to reach beyond itself while data privacy is maintained. Sekur Chat-By-Invite has facilitated conversations in over 61 countries covering a population of over 3.4 billion, and the company says it will continue to expand to more countries as a global messaging service. “We are excited to have released Chat-By-Invite via SMS,” Sekur Private Data CEO Alain Ghiai said. “This milestone puts us closer to offering a unique package of secure and private communications to individuals, businesses and governments looking to protect their communications without having to divulge their phone numbers, without data mining and without forcing the recipient to also download the same application. “We look forward to continuing to offer true data privacy to all individuals and their businesses and protect their intellectual property and their privacy, from data miners and malicious hackers.” To learn more about Sekur Private Data Ltd., visit its website. Sekur Private Data Ltd. is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure communications and secure data management. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted e-mails, and secure communication tools. Sekur Private Data Ltd. sells its products through its websites www.sekur.com and www.sekursuite.com, and approved distributors, and telecommunications companies worldwide. Sekur Private Data Ltd. serves consumers, businesses and governments worldwide. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Corporate Department corporate@sekurprivatedata.com Company Website https://sekur.com/en/about

August 25, 2022 03:39 PM Eastern Daylight Time

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This Company Believes Biometrics Could Be One Of The New Super Powers Of The Digital World

BIO-key International, Inc.

In March 2017, Netflix’s official Twitter Inc. (NYSE: TWTR) account tweeted "love is sharing a password." Five years later, media reports created a furor, hinting that Netflix was considering ways to curtail password sharing with people beyond the main user’s household. Password sharing on digital streaming platforms like Netflix Inc. (NASDAQ: NFLX) and Amazon.com Inc. ’s (NASDAQ: AMZN) Prime Video is common practice with multiple people sharing a single account with different user profiles. But what Netflix has taken issue with now, and is trying to curtail, is the unauthorized and illegal sharing of passwords through password-sharing marketplaces run by bad actors, which it says costs the company more than $6 million in annual revenue loss. The consequences of credential-related cyber crime could prove to be very expensive for organizations if the spate of reported incidents is anything to go by. Some of the most significant password-related security breaches of the last year include those at Microsoft Corp. (NASDAQ: MSFT), SolarWinds Corp. (NYSE: SWI), and GoDaddy Inc. (NYSE: GDDY). Microsoft reported a cyberattack by Chinese hacking group Hafnium, which targeted thousands of its servers across the United States and affected government agencies and businesses, exposing the email communications of each affected organization. In a separate incident, U.S. government agencies were compromised in a series of nationwide attacks involving software from the cyber security firm SolarWinds where hackers reportedly exploited a vulnerability in its network monitoring software, allowing them to infiltrate companies that were using that software and gain access to their email communications. Cybercriminals apparently had access to GoDaddy’s systems for over two months before they were detected and their access blocked, by which time considerable damage had already been done. Rising Cyber Crime Could Be Driving Companies’ Focus Toward Identity And Access Management User credentials are the entry point to an organization’s data, and securing the network and access to data has become a top priority for businesses in the highly digital world. Companies like BIO-key International Inc. (NASDAQ: BKYI), 3M Co. (NYSE: MMM), Fujitsu Ltd. (TYO: 6702), and Safran SA (SAF.PA) provide secure access management solutions in different parts of the world could play an important role in addressing the challenges that are inherent with password-based security solutions and the risk and cost associated with traditional methods of access management. More organizations are moving away from password-based solutions to biometric authentication. Identity-Bound Biometrics (IBB) provides a type of authentication that verifies the actual identity of the individual behind the keyboard, and BIO-key says its world-class biometric platform integrates into its customers’ Identity and Access Management (IAM) strategy. The company reports that it offers multiple Identity and Access Management system options when it comes to enforcing stronger security and multi-factor authentication. It is showcasing new innovations at the Gartner Identity and Access Management (IAM) Summit (Booth 232) at Caesars Palace in Las Vegas, Nevada, August 22-24th. At the Summit, BIO-key will highlight new authentication methods, as additions to its current PalmPositive TM palm scanning method, for its BIO-key MobileAuth ™ mobile app, including FacePositive™ for server-secured facial recognition, device-based biometrics for Android and iOS, and new push token support. It boasts decades of expertise in the field and claims it has a proven track record of successful Identity & Access Management (IAM) project delivery and strong customer relationships in financial services, healthcare, education, manufacturing, communication, transportation, and government. BIO-key says its signature product — PortalGuard® IDaaS (Identity-as-a-Service) — has flexible single sign-on and various authentication options to meet the security goals of most modern organizations to deliver an optimized user experience. Features the company says make PortalGuard an attractive access management solution include: Accessibility to a suite of apps from multiple devices without requiring the user to manage numerous, difficult-to-remember passwords. Multi-factor Authentication (MFA), including biometric authentication options like Identity-Bound Biometrics, to prevent unauthorized access if an attempt to access an application is made from outside of the company’s usual geography. Reduced operational costs and a less heavy burden on tech support to enable password resets because users can quickly reset their own passwords using their fingerprint as their authentication method of choice. To learn more about BIO-key’s biometric solutions visit the company webpage. BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software managing millions of users. Its cloud-based PortalGuard IAM solution provides cost-effective, easy to deploy, convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading Identity-Bound Biometric (IBB) capabilities, enable large-scale Identity-as-a-Service (IDaaS) solutions, as well as customized on premises solutions. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Catalyst IR- William Jones, David Collins +1 212-924-9800 BKYI@catalyst-ir.com Company Website https://www.bio-key.com/

August 25, 2022 03:16 PM Eastern Daylight Time

U.S. Chamber of Commerce Report: How Technology is Impacting Small Businesses

YourUpdateTV

Small businesses that use technology grow faster, profit more, and hire more workers compared to other small businesses. Those are among the key findings of a new report by the U.S. Chamber of Commerce. This held for women- and minority-owned businesses as well. The report finds that when small businesses utilize technology there are real economic benefits—these small businesses directly employ or support the employment of nearly 100 million jobs in the U.S. and contribute more than $17 trillion to the economy annually. During the nationwide media tour, Jordan Crenshaw, Vice President, U.S. Chamber of Commerce’s Technology Engagement Center highlighted some of the key findings including: · 93% of small businesses use at least 1 technology platform · 86% of small businesses say technology helped their business survive COVID · 87% of small businesses believe technology helped them grow despite challenging conditions · 92% of small business said social media helped them find new customers · 73% of small businesses using delivery apps grew their workforce. · 83% of small businesses plan to increase their use of technology platforms To find out more about these findings and ways that technology helps small businesses please visit americaninnovators.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

August 25, 2022 02:30 PM Eastern Daylight Time

Florida Pell Grant Recipients Eligible for Free Internet Service

Comcast Florida

Students in Florida receiving Federal Pell Grants attending public or private colleges and universities may be eligible for another federal program that could cover their monthly internet bills. The Affordable Connectivity Program (ACP) provides qualified individuals and households with a monthly credit of up to $30 to pay for internet and/or cellular phone service. Comcast is an ACP program participant and qualified customers can use the ACP credit towards any tier of Xfinity Internet service, including Internet Essentials. Internet Essentials is Comcast’s signature digital equity initiative and the nation’s largest and most comprehensive broadband adoption program. It provides low-cost, in-home internet service for qualified households, the option to purchase an Internet-ready computer for less than $150 before taxes, plus multiple ways to access online digital literacy and skills training. The Internet Essentials tier offers 50 Mbps internet service for $9.95 a month for qualified households. The new Internet Essentials Plus tier offers 100 Mbps internet service, which is twice as fast, and costs $29.95 a month. The ACP’s $30 a month credit for internet and/or cellular phone service completely covers the monthly bill for Internet Essentials or Internet Essentials Plus. According to a study by Educationdata.org, 34% of undergraduate students nationwide received a Pell Grant in the 2020-2021 school year, including nearly 490,000 in Florida. Pell Grants are awarded based on annual household income, household size, and the number of dependents. “Pursuing a college education is expensive and students need all the financial support they can get,” said Javier Garcia, Senior Vice President of Sales and Marketing for Comcast in Florida. “By combining the ACP $30 per month credit with our Internet Essentials program, broadband service can be free for qualifying college students, and they can free up money in their budgets for other necessities like books, groceries or gasoline.” For more than a decade, Comcast has been committed to advancing digital equity, connecting 10 million low-income Americans to Internet Essentials and the resources necessary to navigate and excel in an increasingly digital world. In 2021, Comcast announced Project UP, a 10-year $1B commitment to reach 50 million people from low-income households and provide tools, resources, skills, and training to bridge the digital divide and unlock unlimited possibilities. For more information on Internet Essentials and the ACP, visit www.internetessentials.com or call 1-855-8-INTERNET (1-855-846-8376). Contact Details Comcast Florida Region Cindy Arco +1 904-738-3412 cynthia_arco@comcast.com Company Website https://florida.comcast.com/

August 22, 2022 10:32 AM Eastern Daylight Time

COMCAST IS ROLLING OUT MULTI-GIG INTERNET SPEEDS TO COLORADO SPRINGS HOMES AND BUSINESSES

Comcast Colorado

Today Comcast launched an additional multi-gig Internet speed tier to Xfinity and Comcast Business customers in Colorado Springs. Colorado Springs is the first community in Colorado where Comcast is beginning to deliver download speeds of 2 Gbps over the connections already existing in homes and businesses today. Once the rollout is complete, these multi-gig speeds will be available in all of Comcast’s service area in Colorado Springs, as well as throughout Comcast’s entire footprint in Colorado. In addition to multi-gigabit download speeds, Comcast is introducing faster upload speeds in Colorado Springs to Xfinity Internet customers who choose xFi Complete, and Comcast Business customers, will receive up to 10X faster upload speeds than their current levels. Network data shows downstream traffic remains 14X greater than upload, so the introduction of symmetrical upload speeds will be well in advance of demand. “Our network is made for anything, so you can do anything,” said J.D. Keller, Senior Vice President Comcast Mountain West Region. “During the pandemic, we saw how vital having a fast, reliable internet connection is for all people, and demand for internet services continues to increase at a fast pace. My own kids and family are working, learning, chatting, watching movies or playing games on-line whenever we are in the house. I know others have the same experience. Comcast’s investments in our network will keep more people in Colorado Springs securely connected and ensure they have the technology today to meet the needs of tomorrow.” “By investing in infrastructure upgrades that ensure secure, reliable connectivity for all our residents and businesses, installing free Community WiFi Lift Zones, and supporting Olympic City USA in a variety of ways, Comcast has shown a commitment to Colorado Springs and to ensuring our city is preparing for tomorrow – today,” said Colorado Springs Mayor John Suthers. Faster speeds will be just one of the consumer benefits made possible through Comcast’s continued efforts to evolve its entire network to 10G. 10G is a next-generation technology platform supported by a global collaboration of companies in the Internet industry focused on building networks that stay ahead of consumer demand for connectivity. In addition to enabling multi-gig symmetrical connections, 10G efforts will provide even greater network reliability, lower latency, faster troubleshooting, and increased energy efficiency. More information about the industry’s efforts toward a 10G future can be found here. The new speeds are available today to Xfinity and Comcast Business customers in parts of Colorado Springs and will be rolled out to Comcast markets across the country through 2025. Visit Xfinity or Comcast Business to learn more and sign up for these exciting new products. More about Comcast in Colorado: Comcast has more than 300 miles of fiber in Colorado Springs – more than 10,000 miles throughout the state of Colorado. More than 2.3 million homes and businesses have access to Xfinity and Comcast Business products and services statewide, including more than 400,000 in Colorado Springs. Our network reaches every zip code in the city of Colorado Springs, to make sure everyone can connect to our fastest speeds and use the technologies and devices they depend on every day – now and in the future. Comcast has invested more than $1.2 billion in its network in Colorado alone in the last three years. We make continuous strategic investments in building broadband network capacity to stay ahead of demand — effectively doubling our capacity every 2.5 years. Since 2011, Comcast has connected nearly 600,000 income-constrained Coloradans to the Internet through its Internet Essentials Program –the nation’s largest and most successful private-sector low-income broadband adoption program. The program provides income-eligible people the ability to connect to the Internet for $9.95 per month. Additionally, Comcast participates in the Federal Affordable Connectivity Program which provides those who are eligible a $30 per month credit for the Internet service. As part of Comcast’s ongoing commitment to help connect low-income families to the internet, Comcast also worked with our network of nonprofit, community, and city partners to equip nearly 100 locations across Colorado with WiFi- connected Lift Zones where students and adults can get online, participate in learning and workforce development trainings, and access critical resources. ### About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

August 22, 2022 08:30 AM Mountain Daylight Time

VinAI AI day returns in 2022 themed 'Empower The Future'

Vingroup

HANOI, VIETNAM - Media OutReach - 22 August 2022 - VinAI AI Day 2022 with the theme of “Empower the Future” will return on August 26-27 at VinUniversity via Zoom. The event is among Vietnam’s largest and most prestigious AI events and has attracted some of the world’s greatest AI minds and the tech community. AI Day is an annual event held by VinAI Artificial Intelligence Application and Research JSC (a member of Vingroup), accompanied and partnered with the Ministry of Science and Technology, the Vietnam National Innovation Center, VinFuture Prize, VinUniversity and leading giants in the technology field such as Intel, HPE, AMD, Qualcomm, NVIDIA, Google, ASUS, PIXTA and Urbox. Under the theme “Empower the Future,” AI Day 2022 investigates the three themes that matter to the industry: AI for Global Equality, AI for Sustainable Development, and AI for Safety. “AI for Sustainable Development” is a recent initiative to integrate greater societal and environmental considerations in designing, developing and deploying AI systems. The focus of this panel during AI Day will explore opportunities this new technology presents to improve lives around the world and address the challenges and barriers to its application. Regarding the “AI for Safety” panel, some of the world’s leading and up-and-coming experts on the topic will explore central questions and reveal insights into developing safe and reliable AI systems. Another discussion bound to attract attention is "AI for Global Equality." The panel will delve into the overarching differences between the world and Vietnam when leading/operating and working in the technology sector, focusing on AI. Dr Hung Bui, CEO of VinAI, said: “After two successful years held online, AI DAY 2022 returns in both online and offline formats. We are extremely excited to welcome, in person, some of the best and brightest minds in the AI Industry. This is also a great chance for the unique profiles in the Vietnamese AI community to meet and discuss with seniors and colleagues worldwide.” The two-day event will feature keynote presentations from industry leaders, expert panel discussions covering the topics that matter to AI today, casual talks, various hands-on workshops and educational tutorials. Participants will also be exposed to advanced AI products and features in the exhibition booths of VinAI and prestigious sponsors. The event will play host to industry-leading experts and cutting-edge researchers and scientists, including: Prof. Wolfram Burgard - Professor for Robotics and AI, Technical University of Nuremberg Prof. Alexander J. Smola - Distinguished Scientist / VP, Amazon Web Services (AWS) Prof. William T. Freeman - Thomas and Gerd Perkins Professor of Electrical Engineering & Computer Science, MIT Prof. Toby Walsh - Laureate Fellow & Scientia professor of AI, UNSW Sydney Dr Hung Bui - Founding Director & CEO, VinAI Dr Duong Van Nguyen - Head of ADAS Department, Panasonic Automotive Europe Prof. Inderjit S. Dhillon - Gottesman Family Centennial Professor of Computer Science and Mathematics at the University of Texas Ayush Batra - Regional Technology Enablement Director, Intel. In addition to leading experts in the industry, leaders and reputable entrepreneurs in the field of Artificial Intelligence will join together to discuss and answer the question: How can we shape the Artificial Intelligence ecosystem to develop humanity to provide a better life for everyone? For more information and to register, please visit https://www.vinai.io/aiday2022. About the organiser VinAI - formerly the VinAI Research Institute of Artificial Intelligence under Vingroup - is the only representative from Vietnam in the top 20 leading global companies in AI research in 2022.VinAI is headquartered in Hanoi, Vietnam, with many offices in the US and Australia. As part of the sprawling Vingroup ecosystem, which ranges in many fields from real estate and manufacturing, to healthcare and education, VinAI is a pioneer in digitising the user experience using Artificial Intelligence technology.To learn more about VinAI, please visit https://www.vinai.io. Contact Details Media Contact v.nammh@vingroup.net Company Website https://www.vinai.io/aiday2022

August 22, 2022 09:30 AM Eastern Daylight Time

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Foresight Announces Second Quarter 2022 Financial Results

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX) (“Foresight”), today reported financial results for the second quarter of 2022. Foresight ended the first half of 2022 with revenues of $248,000 and with $35.6 million in cash, cash equivalent, restricted cash and short-term deposits. The Company reported a U.S. generally accepted accounting principles (“GAAP”) net loss of $10.1 million and a non-GAAP net loss of $9.7 million for the second quarter of 2022, compared to a GAAP net loss of $3.2 million and a non-GAAP net loss of $2.7 million for the second quarter of 2021, reflecting an increase of 216% and 259%, respectively, resulting mainly from revaluation of the Company’s investment in Rail Vision Ltd (Nasdaq: RVSN) ("Rail Vision") to its fair value, after Rail Vision's initial public offering in April 2022. “Foresight’s performance in the second quarter of 2022 was focused on demonstrating the broad viability of our stereoscopic vision technology for autonomous and semi-autonomous vehicle applications. We believe that the agreements we signed with leading Tier One suppliers, ZF North America Inc. and Hitachi Astemo Americas Inc., as well as the progress made with Elbit Systems Ltd. mark a significant milestone in our sales cycle, as we move forward from proof of concept (POC) projects to a co-development stage, getting us closer to the design win stage in which we aim to win a contract for mass production,” said Haim Siboni, Foresight’s CEO. "Our key business achievements reveal significant interest across markets, industries and geographies. During the second quarter, Foresight signed agreements with multiple Tier One suppliers for passenger vehicles, commercial vehicles, industrial technology, unmanned vehicles and vehicle-control systems. We believe that this diversity is a solid indication of the breadth and depth of Foresight’s total addressable market, and we expect to see continued interest in the second half of 2022 from industries including defense, transportation and agriculture.” Second Quarter 2022 Financial Results Revenues for the three months ended June 30, 2022 amounted to $213,000. We did not generate revenues in the three months ended June 30, 2021. The revenues were generated from a successful completion of several milestones in of the customization project with Elbit Systems Ltd. (Nasdaq: ELBT) in the amount of $188,000, and from a completion of the first milestone of a POC project with a leading tier one supplier in the amount of $25,000. Research and development (R&D) expenses, net for the three months ended June 30, 2022 were $2,806,000, compared to $2,436,000 for the three months ended June 30, 2021. The increase is attributed mainly to an increase in payroll and related expenses in the amount of $439,000. R&D expenses in the second quarter of 2022 were offset by participation from the European Horizon 2020 program in the amount of $89,000. Marketing and sales (S&M) expenses, net for the three months ended June 30, 2022 were $605,000, compared to $489,000 for the three months ended June 30, 2021. The increase is attributed mainly to an increase in exhibitions, conventions and travel expenses in the amount of $85,000. General and administrative (G&A) expenses for the three months ended June 30, 2022 were $837,000, compared to $812,000 for the three months ended June 30, 2021. Finance expenses, net for the three months ended June 30, 2022 were $5,991,000, compared to finance income, net of $574,000 for the three months ended June 30, 2021. The decrease is mainly attributed to expenses from the revaluation of the Company’s investment in Rail Vision to its fair value following its initial public offering on Nasdaq, in the amount of $5,588,000 and by exchange rate differences and other expenses in the amount of $403,000. GAAP net loss for the three months ended June 30, 2022 was $10,116,000, or $0.03 per ordinary share, compared to a GAAP net loss of $3,163,000, or $0.01 per ordinary share, for the three months ended June 30, 2021. Non-GAAP net loss for the three months ended June 30, 2022 was $9,663,000, or $0.03 per ordinary share, compared to a non-GAAP net loss of $2,661,000, or $0.01 per ordinary share, in the same quarter last year. A reconciliation between GAAP net loss and non-GAAP net loss is provided in the financial statements that are part of this release. Balance Sheet Highlights Cash, restricted cash and short-term deposits totaled $35.6 million as of June 30, 2022, compared to $45.7 million as of December 31, 2021. GAAP shareholders’ equity totaled $37.4 million as of June 30, 2022, compared to $48.6 million as of December 31, 2021. The decrease is attributed mainly to the net loss for the period. Second Quarter Corporate Highlights: Foresight Collaborates with Chinese Tier One Supplier SUNWAY-AI on Product Development: In May, Foresight signed a memorandum of understanding (MOU) with SUNWAY-AI Technology Co., a global Chinese manufacturer of autonomous and unmanned intelligent vehicle products. According to the MOU, Foresight and SUNWAY-AI will establish a joint development program for an obstacle detection system for unmanned vehicles. The obstacle detection system will integrate Foresight’s stereoscopic technology using both thermal and visible light cameras. The MOU follows the successful completion of a POC project in January of this year. Elbit Reveals Unmanned Robotic Combat Vehicle Integrated with Foresight Technology: At Eurosatory, the world’s leading land and airland defense and security exhibition, Elbit Systems, in collaboration with the Israeli Defense Forces, revealed a prototype of its new unmanned robotic combat vehicle equipped with Foresight’s QuadSight vision system. Foresight’s stereo-camera solution supports obstacle detection, terrain analysis and navigation plans in challenging conditions, including off-road driving and zero-visibility sandstorms. The Eurosatory exhibition drew more than 100,000 visitors from around the world. Foresight Announces Joint Proof-of-Concept with Top Tier One Supplier ZF North America: In June, Foresight announced the signing of a joint paid POC project with ZF North America, a subsidiary of ZF Friedrichshafen AG (ZF). ZF is one of the world’s largest Tier One technology companies supplying systems for passenger cars, commercial vehicles and industrial technology. The POC project follows Foresight’s victory in the ZF Pitch Event held at the 2022 CES exhibition in January of this year. Foresight Signs Agreement with Hitachi Astemo Americas: In late June, Foresight announced an agreement with Hitachi Astemo Americas, a global Japanese Tier One supplier of engine management, electric powertrain and integrated vehicle-control systems for the automotive industry. Per the agreement, Hitachi Astemo will conduct a paid joint POC project to test Foresight’s QuadSight and Mono2Stereo™ technologies together with Hitachi Astemo’s existing camera systems for distance measurement and object detection in simulated and real-life autonomous driving scenarios. The joint POC follows the successful evaluation of a QuadSight vision system prototype in 2021. Foresight Participates in Virtual Events: During the second quarter, Foresight hosted and participated in multiple virtual events, drawing diverse investor attention to the company’s solutions for autonomous and semi-autonomous vehicles. In late March, Foresight presented and participated in a panel discussion at the Maxim Group Virtual Growth Conference. In May, Foresight hosted a virtual investor webinar on market trends and solutions for the autonomous and semi-autonomous era. Foresight also presented at the Sidoti Summer Small Cap Virtual Conference in June. Use of Non-GAAP Financial Results In addition to disclosing financial results calculated in accordance with United States generally accepted accounting principles (GAAP), the company's earnings release contains non-GAAP financial measures of net loss for the period that exclude the effect of stock-based compensation expenses. The company’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of the company's ongoing operations. Management also uses both GAAP and non-GAAP information in evaluating and operating business internally and as such deemed it important to provide all this information to investors. The non-GAAP financial measures disclosed by the company should not be considered in isolation or as a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. Reconciliations between GAAP measures and non-GAAP measures are provided later in this press release. 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. For example, Foresight is using forward-looking statements in this press release when it discusses its belief that the agreements it has signed mark a significant milestone in its sales cycle, as it moves forward from POC projects to a co-development stage, with the aim of winning contracts for mass production and its belief that the diversity of its customer’s industries is an indication of the breadth and depth of its total addressable market, and that it expects to see continued interest in the second half of 2022 from industries including defense, transportation and agriculture. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. 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 Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight 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. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

August 19, 2022 04:05 PM Eastern Daylight Time