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Foresight Announces First Quarter 2023 Financial Results

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), today reported financial results for the first quarter of 2023. Foresight ended the first quarter of 2023 with $21.7 million in cash, cash equivalents, restricted cash, and short-term deposits. The Company reported a U.S. Generally Accepted Accounting Principles (GAAP) net loss of $4.6 million for the first quarter of 2023 and a non-GAAP net loss for the same period of $4.2 million. “Foresight’s industry-leading technology continued to gain momentum during the first quarter of 2023. We are particularly pleased by our achievements in the Asia-Pacific (APAC) region, as we began an additional important joint proof of concept (POC) project with a leading Japanese global vehicle manufacturer. Foresight Changzhou Automotive Ltd. (“Foresight Changzhou”), our fully owned subsidiary in Jiangsu Province, China, received special recognition from the China Israel Changzhou Innovation Park, and Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”), our wholly owned subsidiary, received its first order for the Eye-Zone™ V2X automotive system from a leading Japanese automotive manufacturer,” said Haim Siboni, CEO of Foresight. “The first quarter also saw a key breakthrough for Rail Vision Ltd. (“Rail Vision”), our affiliate, which received an order from Israel Railways for 10 Main Line Systems. We believe that these achievements for Foresight, Eye-Net, and Rail Vision demonstrate the exceptional performance of our technology, as our POC projects are in the process of converting into orders from leading organizations in the automotive, defense, and transportation industries. As we continue to prove our ability to create tailored, high-performance solutions for a diverse customer base, we expect to see increased demand,” concluded Mr. Siboni. First Quarter Corporate Highlights ● Foresight Announces POC Project with Global Japanese Vehicle Manufacturer: In March 2023, Foresight announced the signing of a paid joint POC project with a leading global Japanese vehicle manufacturer. The POC project will evaluate Foresight’s innovative solution for the automatic calibration of mono cameras. Foresight and the manufacturer will work together to develop a breakthrough solution capable of detecting when a single camera’s position has changed. The solution will also use Foresight’s proprietary software to provide real-time correction of a camera’s position while the vehicle is in motion. If successful, the POC project may provide a solution that eliminates the need for external calibration in a garage for all vehicles using mono cameras. ● Eye-Net Receives Order from Leading Japanese Vehicle Manufacturer for Eye-Zone System: In February 2023, Eye-Net announced that it received its first order for an Eye-Zone vehicle-to-everything (V2X) automotive system from a global Japanese vehicle manufacturer. The two parties will begin a paid POC project to evaluate the capabilities and added value of the Eye-Zone system as a software V2X communication layer. The POC will include the integration of Eye-Zone within the manufacturer’s advanced driver assistance system (ADAS), enabling seamless communication between vehicles and all road users. ● Rail Vision Announces $1.4 Million Agreement with Israel Railways to Sell 10 AI-Driven Main Line Systems: Rail Vision announced in February 2023 that it signed an agreement with Israel Railways for the purchase of 10 Rail Vision Main Line Systems and related services. Rail Vision’s AI-driven obstacle detection system outperformed in all aspects of testing during a POC project with Israel Railways. The total value of the agreement is expected to be $1.4 million. ● Israeli Ministry of Defense Recognizes Foresight Technology as Significant Breakthrough: During the first quarter of 2023, the Israeli Ministry of Defense recognized Foresight’s QuadSight® stereovision solution as a significant technological breakthrough for defense applications. The Administration for Research and Development of Weapons and Technological Infrastructure of Israel’s Ministry of Defense tested the QuadSight solution extensively for more than two years in challenging weather and environmental conditions. Foresight’s passive stereo technology was tested as an alternative to replace active LiDAR sensors, and the solution exceeded all testing requirements. ● Foresight Changzhou Wins Outstanding Enterprise Award: In February 2023, Foresight announced that Foresight Changzhou won the Outstanding Enterprise in International Cooperation award from China Israel Changzhou Innovation Park. Foresight received this award in recognition of its significant contribution to international cooperation in the region, and the company was one of five to win the award, out of nearly 200 companies in the China Israel Changzhou Innovation Park. ● Eye-Net Launches Virtual Sensor for Automotive Industry at CES 2023: Eye-Net showcased its new collision prediction system, Eye-Zone, at CES 2023 in Las Vegas. Eye-Zone uses Road Users Detection and Ranging (RUDAR), a unique virtual sensor that provides a point cloud of the real time location, movement characteristics, and probability of collision with each road user around the vehicle. ● Foresight Introduces Groundbreaking Mono2Stereo™ Solution at CES 2023: In January, Foresight presented a live demonstration of its Mono2Stereo software-based solution at CES 2023. Mono2Stereo uses the overlapping views of existing cameras with different fields of view to create a three-dimensional stereovision. First Quarter 2023 Financial Results Revenues for the first quarter ended March 31, 2023, amounted to $55,000, compared to $35,000 in the first quarter of 2022. The revenues were generated primarily from the successful completion of a POC project with a global Japanese vehicle manufacturer, as well as the completion of the first milestone of Eye-Net’s POC project for the Eye-Zone system from a leading Japanese vehicle manufacturer. Research and development (R&D) expenses, net for the first quarter of 2023, were $3,119,000, compared to $2,692,000 in the first quarter of 2022. The increase is attributed mainly to an increase in payroll and related expenses, primarily due to an increase in engineers within the R&D department. R&D expenses, net in the first quarter of 2023, are offset by participation from the European Horizon 2020 program in the amount of $133,000. Sales and Marketing (S&M) expenses for the first quarter of 2023 were $704,000, compared to $624,000 in the first quarter of 2022. The increase is primarily attributed to an increase in exhibitions, conventions and travel expenses. General and administrative (G&A) expenses for the first quarter of 2023 were $857,000, compared to $1,188,000 in the first quarter of 2022. The decrease is primarily attributed to a decrease in payroll and related expenses and to a decrease in professional services and share-based payments to service providers. Finance income, net for the first quarter ended March 31, 2023, amounted to $60,000. Finance income, net, is attributed primarily to gains from revaluation of the Company’s investment in Rail Vision to its fair value in the amount of $122,000, as well as from interest on deposits in the amount of $210,000, offset by exchange rate differences and other expenses in the amount of $272,000. GAAP net loss for the first quarter of 2023 was $4,586,000, or $0.014 per ordinary share, compared to a GAAP net loss of $2,024,000, or $0.006 per ordinary share, in the first quarter of 2022. Non-GAAP net loss for the first quarter of 2023 was $4,241,000, or $0.013 per ordinary share, compared to a non-GAAP net loss of $1,527,000 in the first quarter of 2022, or $0.004 per ordinary share. A reconciliation between GAAP net loss and non-GAAP net loss is provided following the financial statements that are part of this release. Non-GAAP results exclude the effect of share-based compensation expenses. Balance Sheet Highlights Cash, cash equivalents, restricted cash, and short-term deposits totaled $21.7 million as of March 31, 2023, compared to $26.5 million as of December 31, 2022 GAAP shareholder’s equity totaled $24.6 million as of March 31, 2023, compared to $28.8 million as of December 31, 2022. The decrease is attributed to the net loss for the period. 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. 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. 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 its achievements, as well as the achievements of Eye-Net Mobile and Rail Vision, demonstrate the exceptional performance of its technology and that it expects to see increased demand, the potential benefits from the use of its solutions, and the expected timing, development and expected value of POC projects. 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. Investor Relations Contact: Miri Segal-Scharia CEO MS-IR LLC msegal@ms-ir.com 917-607-8654 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 Foresight Autonomous Holdings Ltd. Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

May 31, 2023 04:05 PM Eastern Daylight Time

COMCAST AND TOWN OF MEAD ANNOUNCE THE EXPANSION OF THE COMPANY’S XFINITY 10G NETWORK

Comcast Colorado

Comcast and the Town of Mead announced today that Comcast will expand its Xfinity 10G Network, to serve homes and businesses throughout Mead, Colorado. This planned expansion adds to Comcast’s prior $1.2 billion investment into network and technology advancements throughout Colorado over the last three years. Construction of the new fiber-rich highway began earlier in May 2023 and people will be able to connect beginning in the Fall. With this expansion, Comcast will provide the Xfinity suite of services including broadband internet speeds faster than a gig, video, mobile, voice, home management, and Comcast Business products and services. “Mead residents and businesses have been clear; they want more choice for cable and internet services. Our recent service agreement with Comcast gets us one step closer to fulfilling our commitment to provide high-speed options to our community,” said Mead Mayor Colleen Whitlow. “Access to reliable, fast internet and cable is critical to serve the needs of our growing town. Comcast has a proven track record of dependability and quality, and we look forward to welcoming them into our community.” “Comcast is committed to connecting more people to what and who matters most to them,” said J.D. Keller, Senior Vice President, Comcast’s Mountain West Region. “We’re excited to bring our fast, reliable, secure network and services to the people here in Mead. Whether it’s for work, school, or entertainment, our fiber-rich, multi-gigabit network is built to meet the needs of tomorrow - today.” Comcast is committed to addressing digital equity in the communities it serves through Project UP, the company’s $1 billion dollar commitment to help tens of millions of people connect to the internet and build futures of unlimited possibilities. During the last three years, Comcast Colorado invested more than $42.6 million to help more than 260 community organizations statewide provide personalized digital skills training, offer workforce development/readiness workshops and other tech education to students, adults, and people with disabilities. Comcast works with many Northern Colorado community organizations to advance digital equity, expanding access to technology and supporting technology skills-building programs, including the Boys & Girls Clubs in Weld and Larimer Counties, Thompson Education Foundation, St. Vrain Valley Schools Education Foundation, the Success Foundation Serving Greeley-Evans Schools, United Way in both Weld and Larimer Counties, the Arc of Weld County, Easterseals Colorado and more. Comcast in Colorado will continue to expand its partnerships to support community organizations serving the Town of Mead and other Northern Colorado communities. Comcast’s community funding supports ongoing efforts to build awareness about connectivity programs like Internet Essentials and the federal government’s Affordable Connectivity Program (ACP), which offers eligible households up to $30/month credit, or up to $75 for households on tribal lands, for home Internet. Comcast proudly participates in the Affordable Connectivity Program, and offers Internet Essentials Plus, a $29.95/month home Internet service that is effectively free for eligible households, once the ACP credit is applied. Interested customers can visit Xfinity.com/ACP or call 1-800-Xfinity to learn more about this program and find out if they qualify. Powered by the Xfinity 10G Network Comcast’s network and Internet experience are powering homes today and into the future: Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: More than a third of Xfinity Internet customers subscribe to gigabit speed products, and symmetrical gig speeds to the first homes are planned for later this year. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful Xfinity WiFi Boost Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and business and counting. The company plans to launch a new device that is “storm-ready” with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity 10G Network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. For more construction details and updates, visit www.colorado.comcast.com/mead/ ### 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 broadband, aggregation, and streaming with over 56 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 Comcast Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Town of Mead Lorelei Nelson +1 970-805-4187 Company Website https://colorado.comcast.com/

May 31, 2023 09:00 AM Mountain Daylight Time

Symphony’s Innovate 2023: compliant communications, AI and trader voice take center stage

Symphony Communication Services

May 31, 2023 - Over 300 financial and technology leaders met at Symphony’s Innovate 2023 in London last week to review the latest innovations in compliance-enabling communications, AI and NLP models and the evolution of trader voice capabilities. For the first time, the company showcased live the capabilities of its natural language processing and business insights platform Amenity Analytics - acquired in November 2022 as part of its commitment to deliver AI-powered products as well as support ESG needs in financial services, as Symphony expects to become the secure AI platform for global finance. A large language model and Amenity’s ESG Insights platform were used to create a proof of concept for a customizable ESG summarization bot in Symphony. When queried, the bot provided accurate, timely and actionable data driven insights. Customer 22V joined the Symphony stage to share the firm’s research use case. Video. The company showed the evolution of its trader voice proposition, including a Cloud9 integration with Zoom Phone as well as capabilities that allow customers to move to a cloud-based on demand model, unlocking instant intra and cross firm connectivity and flexibility. Video. Symphony also presented the latest in its compliant messaging offering, with improved capabilities to accelerate client engagement in a compliance-enabling manner. End users can now seamlessly onboard their clients on their mobile device using a dedicated number through the Symphony application. Audio recording and AI-powered conversation summary functionality enable high-touch client communication without sacrificing compliance. LINE, one of Asia's most popular messaging platforms, was announced as a new addition to Symphony’s federated solutions alongside WhatsApp, WeChat, and SMS. Video. CEO Brad Levy said: “We are proud of the innovation our customers are driving in global finance, using the Symphony platform. The team is committed to continue providing a best-in-class platform with a full communications stack and broad set of solutions to conduct business in a compliant way, as well as deep financial services and technology expertise.” He explained: “The reality of this cycle is change is happening at unprecedented speed and Symphony is a great partner to manage that risk and seize new opportunities.” CEO keynote video. Introduced at Innovate 2023 was the new industry-led Operations Directory, showing convenient, instant discovery, enabled by a standard taxonomy for the industry, bringing customers together on a platform that can connect directly into Symphony. Video. Among the industry leaders on stage were Brian Herlihy from 22V Research, Vicky Sanders from OpenFin, Chris Cunalata, Will Shotton, and Pavlo Vozniuk from RBC, Ash Booth, Tom Croft and Allen Li from HSBC, John Abel from Google Cloud, Pinar Emirdag and Vanessa Barade from J.P. Morgan, Prajit Chatterjee from J.P. Morgan Asset Management, Yann Belvisi from CIC Market Solutions, Richard Turner from Insight Investment, Duncan Maccabe and Theodore Sirota from Natwest Markets, Stanislav Ermilov and Richard Payne from Tallarium, Andrew Castello from FIA Tech, Philip Slavin and Kishan Bharwad from Taskize, Philippe Laurensy from Euroclear Group, Adam Watson from BNY Mellon, and Luke Moore and Erin Boyle from IG Markets. Symphony’s embedded collaboration platform, originally introduced at Innovate 2022 in London, was featured with two business use case demos from RBC’s winning Symphony Challenge workflow that showed ECP integrated within OpenFin [ video ], and NatWest Markets Agile Markets trading venue integration. Innovate is Symphony’s flagship conference. While more than 300 leaders joined Innovate 2023 in person, over 600 professionals from around the world were able to watch live online. You can view all Innovate 2023 sessions here. More session videos: Welcome and opening: video Product Introduction: Speed, Flexibility, Connectivity and Security: video Automation, AI and Acceleration in Capital Markets panel: video Tallarium demo: video FIA Tech demo: video Taskize demo: video Closing: video About Symphony Symphony is the most secure and compliant markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate and innovate financial services workflows. It is a vibrant community of over half a million financial professionals with a trusted directory and serves over 1000 institutions. Symphony is powering over 2,000 community built applications and bots. For more information, visit www.symphony.com. Contact Details Odette Maher +44 7747 420807 odette.maher@symphony.com Company Website https://symphony.com/

May 31, 2023 09:33 AM Eastern Daylight Time

Revenue Management Solutions Announces the Appointment of New Board Member Jana Zschieschang

Revenue Management Solutions

Revenue Management Solutions (RMS), a world leader in data-driven analytics and tech-enabled solutions for restaurants, announced Jana Zschieschang as the newest addition to its Board of Directors. Her appointment marks the first new board member since RMS changed ownership in 2017. Zschieschang was also promoted from Chief Marketing Officer to Chief Brand Officer for Revenue Management Solutions. Since becoming Chief Marketing Officer in 2017, Zschieschang has established RMS’ global marketing and communications platform. Today, she manages its Tampa-based marketing team, global internal and external communications, and agency relationships. Most recently, she’s been integral to the company’s People Success initiatives, creating personalized career development plans that give every associate a meaningful growth path at RMS. “Jana is multilingual and previously worked in two of RMS’ international offices. One-third of our business is international, and Jana brings a critical element to our board,” said John Oakes, Chief Executive Officer of RMS. “She also has the pulse of our associates, clients and markets worldwide. She leads effectively and is an instrumental voice in our strategic business decisions.” Under Zschieschang’s leadership, Revenue Management Solutions has become a leading source of reliable restaurant sales and traffic data, menu trends and consumer behavior. In 2022, RMS grew revenue by 24% and added nearly 40 new associates and 15 leading restaurant brands as clients. “Jana elevated our marketing initiatives during the pandemic in meaningful ways to better serve our clients in the restaurant and hospitality sectors,” said Oakes. “Simultaneously, she strengthened our internal communications, recruitment and training processes, resulting in our highest-ever employee satisfaction rating.” As Chief Brand Officer, Zschieschang will continue to refine internal and external communications. In 2023, her team will roll out new and updated products and platforms, further elevating the brand’s client offerings. Internally, Zschieschang and her team are focusing on creating more training opportunities for associates’ professional development and supporting cross-functional communication across all RMS departments and locations. “We are delighted to add Jana to our board, where her invaluable input, judgment, creativity and productivity will prove as valuable as they are to our core business,” added RMS President and Chief Financial Officer Olivier Rougié. Learn more about Revenue Management Solutions’ winning team and industry solutions. About Revenue Management Solutions Revenue Management Solutions (RMS) is committed to supporting restaurants through these ever-changing times. Today, more than 50 major brands in 40-plus countries trust RMS. Its data-driven analytics and tech-enabled solutions optimize sales, menus and a brand’s financial health. RMS provides actionable insights to more than 100,000 restaurant locations worldwide to help them make informed business decisions that drive profitability and combat inflation and rising wages. The company holds five US patents on menu pricing and customer segmentation and supports ongoing academic research efforts. For more information on how RMS helps its clients, visit revenuemanage.com. Contact Details Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Company Website https://www.revenuemanage.com

May 31, 2023 08:10 AM Eastern Daylight Time

Universal Media Announces AI-Powered Universal Streams Platform

Universal Media Group, Inc.

Universal Media Group Inc. (OTC: UMGP) ("UMGP"), an emerging producer and distributor of short and long-form celebrity-based reality content, is pleased to announce the ongoing development of its new streaming platform, “Universal Streams.” In a groundbreaking move for the entertainment industry, the tool will be a state-of-the-art AI-based SVOD (Subscription Video on Demand) platform. The introduction of AI technology into the realm of SVOD platforms represents a significant leap forward in the quest to enhance the user and creator's experience. Universal Media Group wants to use the power of AI to bridge the gap between creators and viewers. Universal Streams is designed to understand and adapt to individual user preferences, providing personalized recommendations and content suggestions. By leveraging the power of artificial intelligence, the platform aims to offer a more tailored and engaging viewing experience for each user. It is determined to provide advanced Universal Streams Studio tools to help creators from ideation to distribution. Universal Streams has a creator-focused business model and has removed many barriers creators face when producing and monetizing their content. We are very excited to have teamed up with one of the industry's most innovative technology partners to build and support Universal Streams. Our team has also expanded to include industry professionals with decades of experience, including with Disney, MGM, Sony, and Paramount. Our expanding team enables us to expand our reach and partner with some of the industry giants providing added value for our productions as well as those by our independent creators. More details regarding our growing distribution network will follow. Currently listed on the OTC Pink Market (UMGP), Universal Media is in the process of up-listing to the OTCQB. This is in anticipation of our submittal of a listing application to the NASDAQ by the end of our 2023-2024 fiscal year. More to follow. About Universal Media Group Universal Media Group (UMGP) is a publicly traded Digital Media Production company. Universal creates an eclectic array of content, including national television network celebrity programming, streaming financial news, and opinion shows. The company will continue to pursue strategic business investments, partnerships, and acquisitions that will ultimately increase profitability and expand the company's reach, focus, and portfolio of business assets. For further information, visit: https://UMGP.com Media Details: Company Name: Universal Media Group Contact Phone Number: 561.908.3333 Contact Email Address: ms@umediagroupinc.com Address: 1199 S Federal Hwy, Suite 111, Boca Raton, Fl 33432 Safe Harbor Statement: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references to future events, expectations, possibilities, or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company cannot give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause results to differ may emerge, and the Company can't predict all of them. Some of these risks and uncertainties include but are not limited to general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, customer order patterns, changes in consumer trends, and various other factors beyond the Company’s control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law. Contact Details Universal Media Group ms@umediagroupinc.com Company Website https://umgp.com/

May 31, 2023 08:00 AM Eastern Daylight Time

Celebrating 5 Years: Rollercoin, the Biggest Mining Simulator, Offers Exciting Rewards

RollerCoin.com

Join Rollercoin's 5th Anniversary celebration and win amazing rewards. Visit Rollercoin to get started and experience the thrill of virtual Bitcoin mining while having fun, learning crypto mining skills, and getting rewards. As the leading and the oldest giant in mining simulators, Rollercoin revolutionizes the gaming landscape with its immersive online Bitcoin mining game. Rollercoin's 5th Anniversary month-long celebrations are set to captivate millions of players with exciting activities and generous rewards! Players can join the project's birthday and stand a chance to win exclusive merch packs, referral rewards, and various miners, including Afterparty and Icarus. With a global player base of over 3.5 million users, Rollercoin Bitcoin mining simulator offers a rewarding and educational experience in the world of crypto mining. The game’s market share is 10 times larger than its competitors, making it a preferred choice for crypto enthusiasts and gamers! Online virtual Bitcoin mining game allows players to compete against friends in mining Bitcoins. The game features a unique blend of entertaining mini-games, a global mining pool, and the opportunity to receive real crypto rewards. Rollercoin Free-to-Play game is giving away rewards like never before, so take your chance to grab more. Join an extraordinary month of activities, amusements, and unparalleled rewards that will leave players in awe. During Rollercoin Birthday Events, players can 👇 Take part in the project's birthday celebration Win Merch Pack Win miners, including Afterparty, Icarus, etc. Get referral rewards: top-10 winners will get crypto! Become the most active user and receive an additional prize. Event schedule: Week 1: Bitcoin Pizza Week Bitcoin Pizza Week Art Contest where users can showcase artistic skills in a contest for the best Rollercoin avatar and get rewards. Week 2: AMA Session + Party Events. Two weeks of amazing events where you users will receive rewards daily by crafting special miners in Craft Hard Event and completing exciting Event Quests! Week 3: RollerBirthday Quiz. The third week is Rollercoin Quiz week. Every day during the week, players will be challenged with tricky questions on Twitter and Discord about Rollercoin to get rewarded for that. After all, on May 31st, the main Big Rollercoin Birthday Party will start and brings even more fun and rewards. Ultimately, the TOP-3 players with the most referrals gathered during the Contest will receive an incredible prize set of miners and merch! What is Rollercoin Rollercoin game is an online virtual Bitcoin mining game that allows players to get crypto skills, compete against friends in mining Bitcoins, and build an empire with real crypto rewards. Innovative game mechanics provide players with a perfect balance between entertainment and learning — getting rewards while playing games and having fun. With its seamless browser-based gameplay, one of the oldest crypto games Rollercoin allows players to engage in the game across various devices without the need for downloads. The worldwide community of Rollercoin has grown rapidly since its inception in 2018, with a staggering 3.5 million players and 440,000 active community members. The platform's monthly player count of 1.5 million demonstrates its exceptional popularity and distinguishes it from other gaming platforms. Players can build and develop their own mining data center, upgrade settings to enhance mining power and collect miners to boost their performance. The game features a global mining pool, where the power of each player is combined, and block rewards are distributed based on individual mining power, emulating the dynamics of real-world crypto mining. Moreover, the game offers multi-mining opportunities for various cryptos, including BTC, ETH, DOGE, MATIC, BNB, Sol, TRON, Shiba, BUSD, USDT, and LTC. Also, Rollercoin provides instant withdrawals. Rollercoin offers a diverse range of addictive mini-games. These games provide an enjoyable experience while earning additional mining power. By completing Daily and Weekly Quests and easy tasks, players are getting opportunities to receive more rewards and learn about crypto mining. Adding to its attractive features, Rollercoin also offers a referral program. Players can invite their friends to join the Rollercoin universe and, in turn, get a percentage of their in-game earnings: 25% from referrals’ profit and 15% from in-game purchases. Contact Details Rollercoin.com Ana G. support@rollercoin.com Company Website https://rollercoin.com/

May 31, 2023 04:30 AM Pacific Daylight Time

Crypto Fund Trader - Top Prop Trading Firm That Focuses on Funding Traders to Empower Their Career

Crypto Fund Trader

Crypto Fund Trader is a leading prop trading firm that is dedicated to providing traders with the resources they need to reach their goals. They provide up to $200,000 in funding to traders and cover any possible losses, allowing them to trade with the same level of confidence as a whale. On the other hand, traders can get started with prop trading for as low as $85 with their $10,000 funded account Traders can receive 80% of their profits in their funded account Traders can get access to up to $200,000 in funding Traders can get started with prop trading for as low as $85 with their $10,000 funded account. This firm is known for providing traders with the best tools and support to make their trading journey successful. Being a top proprietary trading firm, Crypto Fund Trader offers traders spreads as low as 0 pips, no trading fees, and high leverage of 1:100. With their 2-phase evaluation system, they have proof of reserves as well. With this firm, traders have access to a wide range of resources and can trade confidently, knowing they are fully supported. Whether a trader is a beginner or a seasoned professional, Crypto Fund Trader provides them with the resources they need to reach their goals. Crypto Fund Trader provides traders with the opportunity to trade without commission and have BTC spreads as low as 15 cents, even lower than the current major exchanges. In addition, traders can receive 80% of their profits in their funded account. To get funded with crypto fund trader, You only need to pass two evaluation processes with different % of profit target. Those evaluations will get you to be a real funded trader with top conditions. Below we can see the details about the two phases 5% Maximum Daily Loss evaluation 10% Maximum Overall Loss No trading fees Spread from 0 pips Indefinite Trading Period Only one registration fee. The biggest advantage of Crypto Fund trader is that you only pay one fee to register, the second evaluation is free of payment, so in order to be a funded trader you only have to pay one fee. "Crypto Fund Trader is proud to enable traders to take the next step in their career," said the CEO. "We are dedicated to helping traders reach their goals and make the most of their trading experience." Talking about the advantages of being a Crypto Fund Trader trader, the CEO concluded that "We are proud to offer traders an opportunity to trade without commission and have BTC spreads as low as 15 cents. In addition, traders can get up to 80% of their profits in their funded account." Join Crypto Fund Trader Today! Sign up with Crypto Fund Trader today and unlock the potential of your investments! Capitalize on their competitive spreads and leverage, as well as their comprehensive range of tradable instruments. Plus, take advantage of their generous promotions and bonuses to get the most out of your trading experience. Contact Details Support support@cryptofundtrader.com Company Website https://cryptofundtrader.com/

May 31, 2023 04:14 AM Eastern Daylight Time

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NexWafe Secures €30M to Break Ground on First Commercial-Scale Green Solar Wafer Plant

NexWafe

NexWafe GmbH (NexWafe) today announced it secured €30M to accelerate the construction of its first commercial-scale facility in Bitterfeld, Germany to fabricate the company’s green solar wafers. The funds come from NexWafe’s current group of investors, including Reliance New Energy Limited, Aramco Ventures and ATHOS Venture GmbH, as well as new investors, including the Honorable Malcolm Turnbull AC and Keshik Capital, led by Alex Turnbull. NexWafe anticipates raising additional funding in the second half of this year. Davor Sutija, CEO of NexWafe, commented: “This investment marks the start of NexWafe’s plan to raise substantially larger funds in the second half of 2023. The funds will be used to break ground on NexWafe’s first commercial facility to speed the renewable energy transition with more efficient, lower cost, green solar wafers for the world’s photovoltaic manufacturers.” In parallel, NexWafe has agreed to work with Aramco Ventures on a future green solar wafer manufacturing facility in the Kingdom of Saudi Arabia. The collaborative agreement will include participation from the firm’s $1.5 billion Sustainability fund. NexWafe’s unique, patented green solar wafer manufacturing solution simplifies polysilicon production and reduces energy use and production time. This results in drastically lowered production costs for n-type monocrystalline wafers used for the majority of high-performing solar modules. The company’s novel manufacturing method delivers wafers that are engineered to the requirements of each customer and already achieving parity with commercially available Czochralski (CZ) wafers. Providing an opportunity to optimize the performance a chosen cell design enables solar cell makers to ultimately deliver higher efficiencies. NexWafe’s process supports urgent U.S. and European efforts to re-shore domestic solar wafer manufacturing and cell production by increasing supply-chain sourcing diversity and resilience. The NexWafe process also reduces CO2 emissions, resulting in a solar-energy supply chain that is genuinely green. About NexWafe GmbH NexWafe GmbH designs, develops, and pilots a proprietary process to produce ultra-thin, high efficiency, monocrystalline green solar wafers to make photovoltaics more sustainable and efficient. Fully compatible with conventional solar cell manufacturing, NexWafe offers a 70% reduction in energy consumption during manufacturing. NexWafe’s continuous, direct gas-to-wafer manufacturing process also minimizes waste, resulting in wafers that are 30% less expensive than conventional wafers. NexWafe’s in-line, ultra-scalable process shatters cost down roadmap barriers and inherently supports the industry’s extraordinary growth as the transition to solar power accelerates worldwide. The company was spun out from Fraunhofer Institute for Solar Energy Systems ISE in 2015 and is a member of the Ultra Low-Carbon Solar Alliance, Solar Power Europe, and the European Solar Manufacturing Council. For more information, please visit https://www.nexwafe.com and follow us on LinkedIn and Twitter. Contact Details Jenna Beaucage +1 508-340-6851 nexwafe@rainierco.com Company Website https://www.nexwafe.com

May 31, 2023 03:00 AM Eastern Daylight Time

Oasys Announces the First-ever Oasys Special Event in Kyoto; New titles and verses by global gaming giants to be showcased

Oasys

SINGAPORE - Media OutReach - 31 May 2023 - Oasys, a gaming-optimised blockchain, today announced its inaugural Oasys Special Event in Kyoto. The conference is scheduled for 28 June 2023 at the historic Nijo Castle, and will be held as a side-event to one of Japan’s largest startup conference, IVS Crypto 2023. The event promises to reveal project updates, new gaming titles and Verses from global gaming giants. This conference is held during the height of the Japan Blockchain Week, an event supported by Japan’s Ministry of Economy, Trade and Industry, which also supports IVS Crypto 2023. With over 2,000 attendees expected, the event agenda will spotlight game updates and announcement presentations from industry leaders and innovators in the gaming, technology and entertainment sectors. Daiki Moriyama, Director, Oasys, said: “We are thrilled to announce our first-ever Oasys Special Event. This conference will provide a forum for the gaming industry to showcase their forthcoming gaming titles and Verses, and their venture into blockchain. As a game-specific blockchain, we see the necessity of a dedicated occasion to celebrate blockchain gaming, enabling the industry to explore the full potential of blockchain-powered gaming. This event goes beyond the play-to-earn hype, shedding light on the impact of this technology on gaming architectures and user experiences.” In addition to main stage game presentations, the Oasys Special Event will also feature special installations by “teamLab,” an international art collective celebrated for their work at the intersection of art, science and technology; along with a DJ booth by Shinichi Osawa, one of Japan's leading musicians. The official agenda commences at 7:00 PM JST. Daiki Moriyama further added: “Japan is an ideal location for our inaugural event. As a project initiated in Japan, we have directly witnessed the innate vitality of Web3 in Japan first-hand. With its deep cultural influence, dynamic community of game developers, progressive governmental initiatives, and a vibrant gaming ecosystem, Japan is poised to lead the blockchain gaming revolution. Oasys remains committed to supporting this growth and will continue to collaborate with gaming industry leaders to realise the unique potential of Japan and blockchain gaming.” Since its launch in December 2022, Oasys has revolutionised the way gamers and developers create and interact on blockchain, supporting about 20 games in its ecosystem. In less than a year, Oasys has forged strategic partnerships with leading players in gaming, entertainment and technology industry, including MIXI, NEXON, KDDI, SoftBank, DMM, and YGG Japan. Oasys continues its mission to bring blockchain gaming to the world by forging strategic partnerships and releasing an extensive pipeline of ecosystem updates, titles and Verses. The event is open exclusively to IVS Crypto 2023 participants and Oasys’ invited guests. For more information and updates on the first edition of the Oasys Special Event, please follow the official Twitter page. About Oasys Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 25 gaming and Web3 tech companies to act as validators, such as Bandai Namco Research, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionising the gaming industry with its Proof-of-Stake (PoS) based blockchain. With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play. More information on Oasys is available at: Website: https://www.oasys.games Twitter: https://twitter.com/oasys_games Discord: http://discord.gg/oasysgames Contact Details Vanessa Low oasys@wachsman.com Company Website https://www.oasys.games/

May 30, 2023 11:20 PM Eastern Daylight Time

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