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Be Ready for Back to School

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

August 14, 2023 06:00 AM Eastern Daylight Time

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Appier surpasses projections to report further accelerated revenue growth for the second quarter

Appier

TAIPEI, TAIWAN - Media OutReach - 14 August 2023 - Highlights and achievements of Q2 FY23 Revenue increased by 42% YoY to reach a historically high quarterly revenue of JPY 6.2 billion Highest QoQ revenue growth rate (11.1%) for the second quarter since its IPO in 2021, driven by stronger market expansion and deeper vertical penetration Gross profit reached a historical high of JPY 3.2 billion with a 45% YoY growth rate, while gross margin improved to 51.3% Operating income and net income surpass projections to turn positive with an operating margin of 1.3% and net profit achieved 1.9% EBITDA increased by 158% YoY with an 8.9% margin Exceeding forecast in first-half revenue performance, charting the course to fulfill year-end guidance Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its earnings results for the second quarter of the fiscal year 2023. This quarter, Appier accomplished its best-performing Q2 in terms of QoQ growth versus Q1. This achievement positions the company firmly on a trajectory to achieve its full-year 2023 guidance. The company's headway in the E-commerce and Digital Content verticals, as well as its strong customer traction in the US, EMEA, and Northeast Asia Markets, stand as a testament to its exceptional performance in the first half of 2023. Appier reported an accelerated revenue YoY growth of 42% to reach a historical high of JPY 6.2 billion. This figure was paralleled by a YoY gross profit growth of 45%, reaching a historical high of JPY 3.2 billion. Appier’s operating income and net income surpassed projections to turn positive from last quarter, reflecting a notable operating margin of 1.3% and a net profit margin of 1.9%. The company's financial health was underscored by the 158% YoY growth in EBITDA, achieving a record-high JPY 550 million with an 8.9% margin. These achievements underscore Appier's steadfast commitment to sustainable and profitable growth, underpinned by its core principles of transforming AI into predictable returns. The rising demand for ROI-driven solutions, coupled with the growing acceptance of AI trends, has played a pivotal role in enhancing customer adoption and embracing key differentiators, culminating in its accelerated second-quarter results that have surpassed initial budget projections. Embracing diverse verticals and strengthening relationships for AI-driven customer growth Appier achieved a 22% YoY growth in its overall customer base, with the majority of new customers originating from the Digital Content (39%), E-commerce (22%), and Consumer Brands & BFSI (22%) verticals. This expansion has also spurred a 16.5% YoY increase in the Average Revenue per Customer (ARPC), driven by the expansion of existing customer relationships and heightened activity within the Digital Content vertical, boosted by seasonal factors. This aligns with the company's ongoing strategic focus on large enterprise customer acquisition, driven by growing confidence in AI-powered solutions among major brands. Appier also maintained a low overall customer churn rate of 0.619% this quarter, underscoring its success in nurturing lasting customer partnerships. The company's financial strength and growth trajectory are further accentuated by the fact that its annual recurring revenue is showcasing a YoY expansion of 35%. Strong growth momentum fueled by expanding market reach The vertical expansion and the deeper engagement of existing customers, especially in the E-commerce vertical, fueled impressive growth in Northeast Asia (66%). Meanwhile, the US and EMEA markets (15%) displayed robust revenue growth of 78% YoY, with an overall contribution up 15% from 12% a year ago. "Our first-half revenue performance has surpassed our projections, laying a strong foundation for our growth trajectory in the coming quarters. Our strength in cutting-edge AI capabilities helps us push the boundaries of businesses and establishes new benchmarks within the realm of digital marketing. Our years of R&D in both predictive AI and generative AI allow us to provide differentiated products to boost our customers’ ROI,” said Dr. Chih-Han Yu, CEO and Co-Founder, Appier. “Our ongoing pursuit of vertical expansion, combined with heightened vertical awareness and strategic market penetration, fuels our confidence in achieving our year-end guidance and sustaining strong growth well into the future." Pioneering Generative AI synergy to transform business-customer dynamics Leveraging Appier’s core essence of AI, combined with the augmented capabilities of predictive AI and generative AI synergy, Appier is poised to revolutionize business-customer interactions and bring fresh ideas for industry-leading applications. These insights derived from predictive AI act as a guiding compass for generative AI, facilitating the creation of content that yields exceptional outcomes. Simultaneously, the influx of data from generative AI empowers predictive AI to continuously refine its model training, thus enhancing campaign performance. One accelerates output generation, while the other ensures heightened efficacy. This initiative epitomizes Appier's commitment to delivering personalized marketing experiences and positions itself at the forefront of the generative AI era. Looking ahead, Appier remains poised for continued success in the latter half of the fiscal year. The momentum generated by exceptional performance is anticipated to propel even more substantial growth in the Digital Content and E-commerce verticals. Bolstered by these prospects and the ongoing alignment with its core values, Appier is well-positioned to not only sustain its trajectory of remarkable financial growth but to also elevate its impact further in the dynamic landscape of AI-driven business solutions. About Appier Appier (TSE: 4180) is a software-as-a-service (SaaS) company that uses artificial intelligence to power business decision-making. Founded in 2012 with a vision of democratizing AI, Appier now has 17 offices across APAC, Europe and US, and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more company information and visit ir.appier.com/en/ for more IR information. Contact Details Senior PR Manager Lara Sampara +65 8789 9271 lara.sampara@appier.com

August 14, 2023 02:30 AM Eastern Daylight Time

Adding Portfolio Diversification with Energy ETF XLE

Select Sector SPDR

The economic lifeblood of the U.S. economy is energy in all its forms. Our nation operates on an energy-based system, with petroleum playing a significant role in keeping our economy moving. Being such a key ingredient in how our economy functions is why the energy sector can play a crucial role in a diversified portfolio. The energy sector can be volatile, but its importance to markets is steady. This sector plays a key role, whether during an economic recovery or downturn. How you approach adding an energy sleeve to your portfolio can be simple using the index-based exchange traded fund Energy Select Sector SPDR (XLE). XLE offers exposure to U.S. energy firms, including companies in the oil, gas, and consumable fuels, and energy equipment and services industries. SPDR ETF XLE pulls its stocks from the S&P 500 rather than the total market. The portfolio mainly favors large-caps. Holdings are weighted by market cap, meaning the bigger the company’s size, the bigger the holding they represent in XLE. The fund is also subject to a capping methodology that ensures no single security exceeds 25% at each quarterly rebalance. Broad Sector Exposure Rather than trying to pick a singular energy company, index investing allows for broad exposure to ride out the highs and lows of companies in the sector. But to ignore this sector is missing an obvious driver of our economy that investors can capitalize on. XLE is appropriate for investors seeking targeted exposure to the energy sector. XLE holds a smaller and more focused selection of stocks than a broad index fund. The fund’s index is simple, investing in all S&P 500 energy stocks. The energy industry is relatively small, approximately 4% of the S&P 500. As a result, XLE invests in 23 securities, while most broader equity indexes invest in hundreds of securities. The fund's two largest holdings*, energy giants Exxon Mobil and Chevron, account for 40% of the value of the fund. All the fund's holdings are U.S. energy stocks, as expected. Rounding out the top holdings are: Schlumberger (5.44%), EOG Resources (4.74%), ConocoPhillips (4.71%), Marathon Petroleum (4.14%), Pioneer Natural Resources (3.87%), Phillips 66 (3.75%), Valero Energy (3.42%), and Occidental Petroleum (3.33%). The above represents the energy sector from producers and drillers to energy servicing companies, as well as the energy sectors of petroleum, natural gas, and chemicals. XLE is one of the leading energy sector ETFs, gathering more than $37 billion in assets under management since its inception in 1998. The fund is actively traded on the NYSE Arca and offers an investor-friendly expense ratio of 0.10%**. Used by advisors and investors of all types, XLE offers access to the energy sector that belongs in any diversified portfolio. To ignore energy is to ignore potential opportunity. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. * Holdings, Weightings & Assets as of 7/31/23 subject to change ** Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006799 EXP 10/31/23 Contact Details Dan Dolan dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

August 12, 2023 08:03 AM Eastern Daylight Time

News Release

Toggle3D.ai introduces AI-powered enhancements for Pro platform subscribers

Toggle3D.ai Inc

Toggle3D.ai CEO Evan Gappelberg joined Proactive's Stephen Gunnion with details of the latest AI-powered enhancements for Pro platform subscribers. The introduction of AI-powered material creation templates marks a strategic shift from a 'freemium' model to a subscription-based structure, offering users unprecedented speed and efficiency in texture creation for 3D models. The subscription, priced from $29 per month with varying tiers, empowers businesses to transform their design processes with instant material changes, from color to fabric, using AI technology. Gappelberg emphasized that this enhancement is just the beginning, with a series of AI-driven updates planned to elevate Toggle's capabilities, making it a go-to tool for creators. The incorporation of physics-based rendering sets Toggle apart in the competitive 3D design industry, he added. Gappelberg highlighted the company's commitment to staying at the forefront of innovation and announces upcoming collaborations with other 3D modeling platforms to expand Toggle's user base. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

August 11, 2023 02:13 PM Eastern Daylight Time

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Boost Mobile's New Unlimited Plan And Focus On Better Connectivity Set It Apart From Competitors

Benzinga

With the school year quickly approaching, parents and students around the country are looking to find the best phone plans. Whether you’re buying a first phone for a younger child or a teenager going off to college and purchasing your own plan for the first time, affordability and accessibility are important to consider. When it comes to prepaid providers, Boost Mobile (NASDAQ: DISH) is one of the best in the game. CNET recently named Boost’s unlimited plan 1 one of the “ Best Prepaid Phone Plans,” and for a good reason. Boost Mobile has recently introduced a new unlimited plan that is just $12.50 for the first month – offering unlimited talk, text and data for $25 per month with AutoPay 2. This plan stands out from the crowd as it is not tied to 12-month increments, unlike Mint Mobile's 12-month plan. This offer is only available to new Boost customers who bring their own phone or purchase a full SRP phone from Boost Mobile. The plan includes 5G access, 30GB of high-speed data per month and a hotspot 3. Boost has been actively working on expanding its 5G capacity so all customers have the best connectivity available, and the company is ahead of the competition when it comes to providing 5G. With the evolution of mobile technology, 5G promises to deliver high-capacity and blazing-fast mobile technology that will enable the next wave of mobile wireless innovation. Boost plans to leverage its 2.5 GHz spectrum and deploy Massive MIMO radio technology to achieve this goal. The Massive MIMO technology can deliver greater capacity than current LTE systems, which will enable Boost to offer faster speeds, increased network capacity and an overall better experience for its wireless customers. When it comes to cell phone plans, there are typically two options available: pre-paid and post-paid. Post-paid plans, like Verizon or T-Mobile, are traditional contract-based plans that require customers to pay a monthly bill for a set amount of data, talk time, and texts. Pre-paid plans, on the other hand, allow customers to pay for their service upfront and only pay for what they need. This is why the unlimited plan is appealing to a wide range of consumers: its flexibility and inexpensive price point. One of the main benefits of pre-paid plans is that they offer more flexibility and control over spending. Customers can choose to pay only for the services they need and can adjust their usage accordingly. Prepaid providers often do not require a credit check, making them incredibly valuable for customers with lower credit or young people with no credit history. With pre-paid plans, customers avoid unexpected charges because they are only charged for what they use. This can be particularly beneficial for those on a tight budget or for those who do not use their phone frequently. The company's commitment to providing value to its customers is evident in its no-contract policy. The company’s BoostOne app also offers daily discount opportunities. Given all the benefits it offers, Boost Mobile is a highly attractive choice for those seeking a reliable and cost-effective cell phone service provider for merely $25/month. 1 Based on a comparison of the Boost $25/mo. unlimited plan to other carriers’ unlimited plans. 2 Taxes and fees extra. 3 5G requires a compatible device. 5G is not available everywhere. Mobile hotspot draws from data allotment. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

August 11, 2023 09:25 AM Eastern Daylight Time

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DeSoto Invested $300K in Gunshot Detection Tech: Is it Yielding Results?

MarketJar

When a 14-year-old boy was shot in broad daylight outside a DeSoto, Texas apartment complex, first responders were able to get to the scene, render first aid and get the victim in an ambulance and to the hospital immediately thanks to the city’s new gunshot detection technology. According to DeSoto's Assistant Police Chief, Ryan Jesionek, the quick response from police is a textbook example of how ShotSpotter’s technology is helping in their fight against firearm violence. The system, which has been operational since April 20, 2023, covers a two square mile zone in the city's northeast, strategically selected through five years of call analysis to target high-risk areas. ShotSpotter's mechanism is straightforward: microphones detect loud sounds and pinpoint their source within an 82-foot radius. Upon gunfire confirmation, officers are dispatched within a minute, enhancing response precision. Triggered by an increase in 2020 gun-related incidents, DeSoto adopted ShotSpotter via a $300,000 contract funded by the American Rescue Plan Act. President Joe Biden's initiative aims to enhance community safety post-pandemic. SoundThinking (NASDAQ:SSTI), ShotSpotter's parent company, acknowledged federal endorsement of tech solutions against violence. Tom Chittum highlighted the transformative role of such tools in revolutionizing gun crime combat. The DeSoto Police Department is one of 150 departments across the country utilizing ShotSpotter’s gunshot detection technology. However, a Johns Hopkins study revealed the company’s inability to solely reduce firearm violence, noting that broader strategies, including policy reforms, are key. Another company utilizing gunshot detection technology in parallel with its other crime prevention technology is Knightscope, Inc. (NASDAQ:KSCP). Knightscope Unveils Automated Gunshot Detection Technology Knightscope, Inc. (NASDAQ:KSCP) is a pioneering public safety technology company focused on developing fully autonomous security robots, blue light emergency communication systems, and automated gunshot detection solutions. The company's overarching mission is to enhance safety and make the United States the safest country in the world. On July 14, 2023 Knightscope announced the addition of real-time, automated gunshot detection technology to its growing portfolio of autonomous security offerings. This strategic move comes in response to mounting requests from various sectors, including schools, corporations, airports, hotels, and municipalities, seeking advanced solutions for active threat management and emergency response. The integration of gunshot detection systems aims to expedite police and security responses, effectively addressing potential threats to public safety. According to the Company, the adoption of gunshot detection systems is driven by several significant reasons, such as mitigating active-shooter incidents, reducing false alarms and complementing other security solutions by enhancing protection across various environments. The Smart Policing Initiative, a collaboration between the Bureau of Justice Assistance and 40 local police agencies, has highlighted the potential of such systems. They can aid immediate response and investigation of gunfire incidents while identifying high-risk areas for targeted interventions, thus enhancing public safety. Knightscope 's automated gunshot detection technology will be integrated into new K1 Blue Light Towers or can also serve as an upgrade to the 7,000 devices already deployed nationwide. This technology can function as a standalone device or in conjunction with the K5 Outdoor and K3 Indoor Autonomous Security Robots (ASRs). The system's flexibility is augmented through optional solar power or light pole kits for installation. Distinguished by its automated precision localization, the system operates both indoors and outdoors, accurately identifying gunshot locations in both horizontal and vertical planes. Notifications are transmitted within two seconds, contingent on reliable cellular service, using a multi-sensor system to minimize false alarms. Knightscope 's approach focuses on localized, real-time coverage for heightened effectiveness, contrasting with city-wide approaches. Sales are set to commence in Q4 2023. Heightened concerns about gunshot-related incidents, especially within school premises, are driving changes in security protocols, fostering demand for gunshot detection systems. Smart Cities initiatives are incorporating such technology into their safety frameworks. Analysts project the North American market for gunshot detection to reach a value of $646 million by 2031, with a CAGR of 9.1% from 2022 to 2031. For more information on Knightscope, Inc. (NASDAQ:KSCP) and the projects it is working on, visit this link or the company's official website. Disclosure 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Knightscope, Inc. Market Jar Media Inc. has or expects to receive from Knightscope, Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) two hundred and sixty-six thousand USD for 89 days (63 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Knightscope, Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Knightscope, Inc.’s industry; (b) market opportunity; (c) Knightscope, Inc.’s business plans and strategies; (d) services that Knightscope, Inc. intends to offer; (e) Knightscope, Inc.’s milestone projections and targets; (f) Knightscope, Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Knightscope, Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Knightscope, Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Knightscope, Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Knightscope, Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Knightscope, Inc.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Knightscope, Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Knightscope, Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Knightscope, Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Knightscope, Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Knightscope, Inc.’s business operations (e) Knightscope, Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Knightscope, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Knightscope, Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Knightscope, Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Knightscope, Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Knightscope, Inc. or such entities and are not necessarily indicative of future performance of Knightscope, Inc. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

August 11, 2023 09:00 AM Eastern Daylight Time

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Foresight Partners with One of the World’s Largest Industrial Equipment Manufacturers for POC Project

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today the signing of a paid proof of concept (POC) project with the Chinese subsidiary of one of the world’s leading manufacturers of industrial equipment, heavy machinery, construction and mining equipment. Foresight was selected over other three-dimensional (3D) perception vision solutions due to its accurate and high-resolution point cloud and all object detection capabilities in harsh weather, environment and lighting conditions. A successful POC project may lead to the integration of Foresight's technology into the industrial equipment manufacturer’s construction and mining trucks. The industrial equipment manufacturer will evaluate Foresight’s technology to add 360° 3D perception capabilities to its mining and construction trucks, offering an alternative to its existing LiDAR sensors. Foresight’s QuadSight vision solution uses both visible-light and thermal cameras to deliver a comprehensive vision system capable of addressing the driving challenges in construction and mining settings. These challenges include off-road navigation, detection of non-classified objects in dusty surroundings and enabling safe driving in pitch-dark conditions. In addition, the industrial equipment manufacturer will evaluate Foresight’s DynamiCal ™ automatic calibration solution to enable continuous calibration of the cameras while its trucks encounter intense vibrations to ensure an accurate 3D image of the environment. “We are excited to extend our innovative stereo vision solutions to the construction and mining industry. By collaborating with one of the world's largest industrial equipment and heavy machinery manufacturers, we aim to enhance the safety, accuracy of object detection, and environmental awareness in their operations. This POC project reflects our dedication to delivering advanced automotive vision technologies across diverse sectors," said Haim Siboni, CEO of Foresight. 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 the POC, that it aims to enhance the safety, object detection accuracy, and environmental awareness in the industrial equipment manufacturer’s operations, and that the POC project reflects its dedication to delivering advanced automotive vision technologies across diverse sectors. 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 30, 2023, 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. Foresight is not responsible for the contents of third party websites. 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 11, 2023 08:20 AM Eastern Daylight Time

Back-to-School Shopping 101

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

August 11, 2023 06:00 AM Eastern Daylight Time

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CloudWerx Names Munish Gupta as New CIO

Cloudwerx

CloudWerx, a full-service enterprise/corporate cloud consulting firm, has announced Munish Gupta as its new CIO. Munish Gupta will bring his considerable success in engineering and other technical roles to CloudWerx. He spent nearly 12 years at Google as Technical Account Manager and has eight certifications, including Google Cloud Certified Professional Cloud Network Engineer and Google Cloud Certified Professional Cloud Security Engineer. Munish Gupta has also built and led a diverse, geo-distributed, and world-class SRE organization at Google, and has more than four years’ experience in database engineering. With these credentials, CloudWerx is confident he will be pivotal to the company’s continued business growth. This announcement follows the hiring of Sidhant Gupta as CTO back in March. CloudWerx anticipates strong collaboration between the two roles with planned joint ownership on a number of technical initiatives, including strategic planning, technology governance, IT operations, and more. “I’m very excited for this opportunity,” said Munish Gupta. “Technology is constantly evolving, and the only way to stay relevant is to keep at it. The way forward is to now build a world-class engineering team that has the passion and technical depth, and we will always strive to revolve around the fundamental principles of any solution — simplicity, reliability, security, and ability to automatically scale up and down.” In the short term, CloudWerx will rely on Munish Gupta to develop and implement the company's technology strategy in alignment with its overall business goals and objectives. Focus areas include vendor management, talent management, data management and security, and business continuity and disaster recovery. “Betsy Reed and I set out to form an exceptional engineering team at CloudWerx, dedicated to tackling the most formidable cloud-related obstacles with the most clientele in the field,” said Jason Geis, CEO of CloudWerx. “We are thrilled to announce a remarkable addition to our Engineering team, extending a warm welcome to Munish Gupta.” About CloudWerx CloudWerx is an engineering-focused cloud consulting company that provides the most elite technology resources to solve the toughest challenges. Maintaining 100 percent customer retention and a commitment to 11/10 technical, account and customer service, the CloudWerx team has unique experience working in some of the most complex cloud environments at scale and can help your business accelerate with confidence. Please visit https://www.cloudwerx.tech/ to learn more. Contact Details CloudWerx Betsy Reed +1 206-999-3517 press@cloudwerx.tech Company Website https://www.cloudwerx.tech/

August 10, 2023 03:00 PM Eastern Daylight Time