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InsurAce Announces $12 Million Insurance Payouts To 155 Victims Of Terra $UST Crash

InsurAce.io

When the Terra $UST algorithmic stablecoin de-pegged in May 2022, many feared that the crash would lead to a systemic crash of the entire cryptocurrency industry. Dan Thomson, the Chief Marketing Officer of leading DeFi platform — InsurAce, recounts how their prompt insurance payouts to over 155 victims who lost funds in the crash helped to sustain investor confidence in DeFi at such a critical period. On May 6, 2022, news broke on major crypto channels that the algorithmic stablecoin Terra- $UST had lost its peg, leading to widespread investor panic. And within an eventful 48 hours between May 12 to May 13, 2022, the price of the then $18 billion MarketCap algorithmic stablecoin Terra USD ($UST), which was supposed to maintain a $1 peg, fell below 35 cents on May 9. Its sister token, $LUNA, which was meant to stabilize $UST's price, fell from $80 to near zero. No thanks to this catastrophic collapse of the Terra Ecosystem, thousands of investors scattered all over the world lost over $40billion — consequently, the DeFi world threatened to fall apart, until Stablecoin De-Peg Covers came to the rescue. What is Stablecoin Insurance? Stablecoins are special digital assets that play the traditional role of money in the blockchain world. They are cryptocurrencies that have their value pegged to a specific fiat currency or in some cases, a basket of currencies. When designing stablecoins, issuers have to navigate the trilemma of decentralization, security and stability to find the optimum reserve mechanism to back up their tokens. Asset-backed stablecoins are more stable, they are often largely centralized. And this means that users may be exposed to vulnerabilities from a single point of failure as well as censorship & restrictions from regulators. And while algorithmic & crypto-backed stablecoins are more secure and decentralized, even when they are overcollateralized run a major risk of de-pegging during adverse market conditions. To mitigate these risks, DeFi protocols have created Stablecoin De-peg Covers to protect stablecoin users and investors from certain de-pegging events. InsurAce was one of the DeFi protocols that made the most impactful responses to the recent high-profile stablecoin de-peg that occurred on the Terra ecosystem. During a recent interview InsurAce’s CMO Dan Thomson revealed how the DeFi protocol’s timely intervention helped to salvage the situation. “The main reason that our response was effective was because of how timely and efficient it was,” said Thomson. “On May 13, barely 48 hours after the $UST de-peg event, we released a statement to the press, to set the loss Claim process for $UST investors in motion. We published a user guide that provided clarity on Coverage specifications and Claims Eligibility. With a 7-day claims window, we set a goal to provide instant support to victims and send out a reassuring statement to the rest of the DeFi world.” he added. How InsurAce Reacted to the $UST Crash With a streamlined claims process, InsurAce drew praise globally for providing timely intervention for $UST investors who had covered their $UST stablecoins with InsurAce. The rapid response from InsurAce helped restore investor confidence in DeFi as users were quickly made whole in the midst of a terrible market-wide fallout. Summary: Total Covers Sold: 234 Total Cover Amount: $22,158, 820 Total Claims: 173 Total Claim Amount (USD): $12,474,477.84 Total Number of Rejected Claims: 18 Total Value Deducted From Luna Drop (USD): $177,692 Total Claim Amount After Deductions (USD): $11,730,758.24 InsurAce — $UST De-peg payout summary More significantly, an in-depth look into the on-chain claims data showed that InsurAce took a significant hit in the process. According to an updated report published by the protocol’s Advisory Board, the protocol has estimated ~$11.7million in $UST de-peg claims. Having collected only $94,000 in premium payments, such a high-margin rate of successful claims payouts showed that the platform had put in place remarkable risk management strategies prior to the De-peg risk crystallization. When asked about how the decision-making process for the payouts, Thomson explained that the InsurAce deployed a community-driven approach, with its independent native governance token ($INSUR.) holders executing the claims assessment process. “The decentralized voting was conducted by InsurAce’s community of Claims Assessors who hold and stake $INSUR Tokens. And at the conclusion of the Voting process, they approved a total of 155 $UST de-peg Cover claims and 18 rejected as not ineligible in line with the Stablecoin de-peg Cover terms and conditions.” Thomson continued. Compensation for the Ecosystem Investors and Stakers When asked how InsurAce plans to compensate its underwriters for their role in the $UST De peg event, Thompson responded by saying that InsurAce has since unveiled a Stakers Compensation Plan to help reduce losses to the protocol’s underwriters that have had their assets used as part of the $UST payouts. “In addition to improving our risk management strategies, we have put some plans in place to mitigate the losses incurred by stakers. Over the next 12 months, A fixed sum will be paid into an on-chain pool from which stakers can withdraw their compensation. The staggered approach will help us ensure that we can help stakers to earn back some of their losses, whilst maintaining healthy liquidity in the InsurAce protocol.” Thomson concluded. The $UST crash remains one of the greatest tests for DeFi as a whole, mitigated in part by safety nets from protocols and underwriters that work hard to defend the space. With the presence and unrelenting efforts of protocols such as InsurAce to protect users in the space, DeFi is fast evolving into an increasingly safe, sound and sustainable global alternative to traditional finance, one where individuals have greater control and autonomy over their finances. About InsurAce InsurAce.io is a leading decentralized multi-chain protocol that provides reliable, robust and secure risk protection services to DeFi users, allowing them to protect their investment funds against various risks. With InsurAce.io, users can rely on: Unbeatable Low Cover Premiums Cross-chain Coverage Multi-chain Accessibility Sustainable Investment Returns Since its debut in April 2021, InsurAce.io has built a full-spectrum cross-chain product line that covers 140+ protocols, 3 CEX and 1 IDO platform running on Ethereum, as well as Solana, BNB Smart Chain, Polygon, Fantom, Gnosis, Arbitrum, Avalanche, Harmony, Celo, Cronos, Boba, ICON, Ontology, Moonriver, Moonbeam, Bifrost, Aurora and Optimism. InsurAce.io currently has a live product deployed on Ethereum, BNB Smart Chain (BSC), Polygon and Avalanche. InsurAce is led by founders Oliver Xie, Sum Wu and Dan Thomson (@vagrantcrypto) with a globally distributed team of insurance and web3 experts. Links: InsurAce.io Twitter.com/InsurAce_io Docs.InsurAce.io Linktr.ee/InsurAce InsurAce.io is a leading decentralized multi-chain protocol that provides reliable, robust and secure risk protection services to DeFi users, allowing them to protect their investment funds against various risks. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details InsurAce.io Dan Thomson, CMO contact@insurace.io Company Website https://www.insurace.io/

August 30, 2022 05:41 AM Eastern Daylight Time

OPPO Teams Up with Spotify for Smart and Customized Music Experiences in ColorOS 13

OPPO

SHENZHEN, CHINA - Media OutReach - 30 August 2022 - Global leading technology company OPPO today announced a new partnership with popular audio streaming platform Spotify, to create an all-new simple and customizable music experience on OPPO smartphones through its latest ColorOS 13 Android-based Operating System. Smart Always-On-Display supports Spotify controls and information display With the Spotify app fully integrated with many new smart features in ColorOS 13, listeners can now enjoy music, podcasts and audiobooks with easier access and convenient control over the Spotify app on the home screen of their OPPO device in markets where listeners may register for and use the Spotify service. This includes: Smart Always-On-Display (AOD) ：The AOD gives Spotify listeners a whole new way to keep their music, podcasts and audiobooks at their fingertips. Spotify users can now know what Spotify content is currently playing simply by glancing at the AOD and double-clicking on the music control panel, without the need to wake the device up. The AOD integration also allows users to access and control playback of their favorite audio content from Spotify and access Spotify content recommendations - all without unlocking the device. Shelf ：The new Shelf feature in ColorOS 13 includes an in-built Spotify Card containing Spotify content recommendations and through which users have access to their favorite music on the Spotify app just a slide away. In-built Spotify Card in Shelf in ColorOS 13 Home Screen Widgets: The Spotify widget can also be added to the ColorOS 13 home screen to provide quick and easy access to the Spotify app. Spotify widget on ColorOS 13 home screen Clock [1]: An alarm integration in the ColorOS 13 Clock app enables users to wake up every morning to their favorite Spotify tracks, playlists and podcasts. Spotify alarm integration in the ColorOS 13 Clock app “Our partnership with Spotify represents a new exploration into the possibilities of smartphone operating systems,” said Gary Chen, Head of OPPO Software Product. “Through smart, convenient, and human-centric features developed with our partners, we are bringing a more intelligent and efficient operating system to users, enabling them to spend more time enjoying music and the other most-loved features on the OPPO smartphones.” Ian Geller, Global Head of Consumer Business Development at Spotify said, “At Spotify, we’re always working to offer our users the best listening experience out there. Through our partnership with OPPO, we aim to elevate the Spotify experience through OPPO ColorOS 13’s smart and human-centric features, delivering value for existing and new consumers of both brands”. ColorOS 13 is the latest Android-Based Operating System from OPPO. Designed for simplicity and comfort with its Aquamorphic Design, ColorOS 13 features a series of smart and intelligent features that include Multi-Screen Connect, Meeting Assistant, Smart AOD, and Home Screen Management. Based on the Android Operating System, ColorOS provides exclusive, intelligent and user-friendly experiences to over 500 million global monthly active users. It is available in 67 languages, including English, French, Spanish, and Hindi. [1] Spotify alarm integration in the ColorOS 13 Clock app will be available with further OTA updates after September 15th. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. About Spotify Spotify transformed music listening forever when it launched in 2008. Discover, manage and share over 80 million tracks, including more than 4 million podcast titles, for free, or upgrade to Spotify Premium to access exclusive features for music including improved sound quality and an on-demand, offline, and ad-free music listening experience. Today, Spotify is the world’s most popular audio streaming subscription service with 433m users, including 188m subscribers, across 183 markets. Contact Details OPPO Media Contact press@oppo.com

August 30, 2022 05:00 AM Eastern Daylight Time

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Lightnet bags $50 million capital commitment from LDA Capital to Boost Velo Blockchain Technology

Lightnet Group

SINGAPORE - Media OutReach - 30 August 2022 - The Lightnet Group ("Lightnet”) announced today it has secured a $50 million capital commitment from LDA Capital Ltd ("LDA”) to grow its infrastructure, operations, and expand its technological partner’s (Velo Labs Technology) blockchain technology. Lightnet will have the option to increase the $50 million to a total commitment of up to $100 million over the next three years. The funds will be utilized to facilitate web 3.0 payment and blockchain ledger-based remittance services focused across Asia Pacific and globally around the world. “Lightnet's next generation financial infrastructure, along with Velo Labs’ disruptive technology, will be the future rails for dynamic and regulated markets providing financial mobility and inclusivity across Asia,” commented Warren P. Baker III, Managing Partner and Co-Founder at LDA Capital. This investment will allow the Lightnet Group to boost growth in the payment and remittance space, expanding operating corridors and opportunities, obtaining licenses - enabling a transition of existing payment and remittance systems towards new technology and building the #1 CeDefi banking network in Asia through its licensed subsidiaries and its continuously growing number of partners. LDA’s capital commitment will also be utilized to increase internal operations including hiring of employees from around the globe to support the expansion of Lightnet’s ecosystem. Lightnet also intends to utilize part of the funds to develop Velo Lab’s existing technology and contribute to the growth of Velo anchors, remittance partners and liquidity providers, and assist the blockchain company with enhancements of its team by hiring key management officers and developers. “We’re thrilled with this partnership and are so glad that LDA Capital recognizes the value of the new generation remittance services. This investment will allow us to grow and expand our infrastructure, which partners can participate in and grow business solutions. Our unique architecture makes the solution accessible and attainable for anyone to adopt the service.” stated Tridbodi Arunanondchai, Co-Founder & CEO of Lightnet. The Lightnet Group is a Singapore headquartered fintech group with several licensed subsidiaries around the globe dedicated to improving the lives of the unbanked and underbanked populations throughout Asia Pacific, through its revolutionary advancement in cross-border remittance infrastructure. Leveraging technology from Lightnet’s close partner Velo Labs, the project intends to be the first, real-time blockchain settlement flow for remittance and payments between Money Transfer Operators (MTOs) and banking institutions under regulatory supervision and support. The group intends to pilot programs that enable remittance backed by distributed ledger technology through multiple channels including the use of stable coins, bypassing the traditional SWIFT settlement process and thus reducing the need for high costs of pre-funding that currently dominates traditional cross-border payment flows. The goal of this project is to demonstrate how the emerging blockchain technology offered by companies like Lightnet’s technology partner Velo Labs can be used in harmony with Lightnet’s existing infrastructure, to enhance and complement remittances in a regulated and secure environment. Additionally, with the assistance of Velo Labs cutting-edge technology, who are focused on building plug-and-play, blockchain-based remittance solutions, Lightnet will effortlessly be able to connect to a multitude of payment partners across the globe, making the remittance ecosystem and payment options more affordable and accessible to businesses and customers alike. About Lightnet Group Lightnet Group is a Singapore-headquartered fintech group with the mission of promoting financial mobility and inclusivity. Lightnet Group empowers unbanked populations and SME trade finance with an inclusive international remittance ecosystem. The Lightnet Group's international remittance ecosystem adopts, in parallel to existing and traditional documentation and process, the Velo Protocol as its blockchain transaction documentation protocol and positions itself as the premiere clearing and settlement network for the Asia Pacific region by connecting existing financial systems with its network of cash agents and wallets. To learn more, please visit www.lightnet.io About Velo Labs Velo Labs is using blockchain technology to develop a global settlement network that empowers financial institutions to provide secure, near-instant cross-border payments at low cost for individual and business customers. Velo Labs is working to improve access to efficient financial services by developing key technologies that allow for the seamless transfer of value across-borders. To learn more, please visit www.velo.org About LDA Capital LDA Capital is a global alternative investment group with expertise in cross border transactions worldwide. Our team has dedicated their career to international & cross border opportunities having collectively executed over 250 transactions in both the public and private middle markets across 43 countries with aggregate transaction values of over US$11bn. For more information, please visit www.ldacap.com. For inquiries please email: info@ldacap.com Contact Details Helena Ma helena.ma@ideacommunication.co

August 29, 2022 08:00 PM Eastern Daylight Time

Volatus Aerospace Corp. Announces Record Second Quarter 2022 Sales of $6.6M and Provides Corporate Update

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending June 30, 2022 ("Q2 2022"). The revenue increase in Q2 2022 was driven by strong organic growth, expansion into the defense segment, geographic expansion, and higher services and training revenue. The Company generated revenue of $11,437,421 in the first half of 2022. The first two quarters have seasonality for drone services and training, and the third quarter is expected to be the strongest in these segments. Key Financial Highlights: Revenue for Q2 2022 was $6,629,593, an increase of 38% over the previous quarter and a 95% increase over the same quarter prior year. Gross profit for Q2 2022 was $1,900,920 an increase of $943,968 over the same period in 2021. The increase in gross profit was due to scale in product and services activities. Volatus recorded a comprehensive loss of ($1,626,896). This was due to increased investment in human resources in the defense and integrated solutions segment, and increased advertisement and marketing expenses. The Company has experienced a gross margin of 29% representing an increase of 6% over the first quarter of 2022. Contributing to increased margins are revenue from product diversification, and higher margins from services and training. Notable Operational Accomplishments During the Quarter: Continued delivery of ISR (Intelligence, Surveillance, and Reconnaissance) Drones to Ukraine Addition of several ISR products for defense and public safety The strategic acquisition of Canadian Air National Inc., which performs aerial pipeline inspections Launch of Latin America joint venture Introduction of Volatus AERIEPORT, an autonomous drone nesting station Signed numerous partnerships with OEMs to diversify and commercialize product offerings Announcement of a commercial training agreement with Moose Cree First Nations Appointment of Lt. General (Ret’d) The Honorable Andrew Leslie to the Board of Directors "I am pleased with the continued progress of our team as they continue to execute our plan toward a sustainable and profitable future,” said Glen Lynch, CEO of Volatus Aerospace. “Our investments in the defense and public safety sectors are beginning to gain traction and the introduction of the AERIEPORT and other Volatus technology solutions will help drive higher margin sales in the future.” The condensed consolidated interim financial statements for the three months ended June 30, 2022, and associated management discussion and analysis, are available under the Company's profile on SEDAR at www.sedar.com. This news release is not in any way a substitute for reading those financial statements, including the notes to the financial statements. Webinar In conjunction with this release, Volatus investor relations will host a webinar on Tuesday, August 30 th at 4:30 PM EST at which time Glen Lynch, Chief Executive Officer, and Abhinav Singhvi, Chief Financial Officer, will review the quarterly results and major milestones with Rick Peterson, CEO of Peterson Capital, as moderator. Investors are invited to register for the webinar here. https://us06web.zoom.us/webinar/register/WN_DQE4_KNfR9CdqWJ4CEIkkQ Audio Replay Options An audio replay of the event will be archived on the Investor Relations page of the company's website here CORPORATE UPDATE The Brokered Private Placement Volatus is pleased to announce that it has engaged Echelon Wealth Partners Inc. (the “Lead Agent”) and Integral Wealth Securities Limited (“Integral”, and together with the Lead Agent, the “Agents”) on a commercially reasonable best efforts private placement for the sale of up to 1,388,888 units of the Company (the “Units”) in the Province of Quebec at a price of $0.36 per Unit (the “Offering Price”) for aggregate gross proceeds of up to $500,000 (the “Offering”). Each Unit will be comprised of one common share in the capital of the Company (each, a “Common Share”) and one common share purchase warrant (a “Warrant”), with each Warrant being exercisable to acquire one Common Share at a price of $0.50 per share for a period of 24 months following the issuance thereof. The proceeds derived from the sale of the Units will be used for (i) inventory purchases and increasing factory operations; (ii) R&D and capital expenditure, (iii) future acquisitions and (iv) and for working capital and general corporate purposes. In consideration of the services rendered by the Agents in connection with the Offering, the Company has agreed to pay to the Agents on the closing date a commission equal to 8% of the gross proceeds from the Offering. In addition, the Company will issue the Agents warrants (the “Agents’ Warrants”) to acquire that number of Units which is equal to 8.0% of the number of Units sold under the Offering, at an exercise price equal to the Offering Price. The compensation to the Agents on certain subscriptions on a president’s list of up to $500,000 shall be reduced to 3% Cash Commission and 3% Agents’ Warrants. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, Latin America and most recently in Europe. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Abhinav Singhvi +1 833-865-2887 abhinav.singhvi@volatusaerospace.com Company Website https://volatusaerospace.com

August 29, 2022 04:30 PM Eastern Daylight Time

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DealMaker CEO and Co-Fouder, Rebecca Kacaba, nominated for Industry Leader of the Year Award

DealMaker

DealMaker ’s CEO and Co-Founder has been nominated for the Equity Crowdfunding Industry Leader of the Year award, and the winner will be announced during Equity Crowdfunding Week in November, hosted by StartupStarter. Rebecca has been a trailblazing leader for an organization at the intersection of two male-dominated industries— the technology and capital markets sectors. Her in-depth understanding of market changes and legal expertise has propelled the company forward to become a leader in the capital raising FinTech space. The crowd decides the winner of this notable award, and for those interested, you can still vote until September 30th here: https://awards.startupstarter.co/ “It is truly an honor to be recognized as a leading voice in the equity crowdfunding space” said CEO and Co-Founder of DealMaker, Rebecca Kacaba. “Equity crowdfunding is such a powerful tool in providing companies and founders the opportunity to get funded - especially those often overlooked by the traditional funding avenues. Democratizing capital starts with equity crowdfunding where access to capital and investment opportunities are given to those not behind the gilded gates of Wall Street.” “I’ve known Rebecca for almost a decade and she has redefined my entire world view on what it means to be driven. I have never seen a colleague succeed on such a broad range of achievements,” said Mat Goldstein, CSO and Co-Founder of DealMaker. “Rebecca is brave, determined, and an unstoppable force when it comes to what she sets forth to accomplish. She has risen to the very top of her field in business law, capital markets, and now technology. I consider myself extremely fortunate to be inspired by, and learn from, Rebecca’s exceptional dedication to excellence. Rebecca has powered the growth and expansion of our company from an initial concept to one of Canada’s top performing technology companies growing over 5,000% since incorporation.” Rebecca has been recognized by top institutions throughout her career having won Lexpert's Top 40 Under 40, named one of North America's most innovative lawyers by the Financial Times, and selected as a finalist for EY’s Entrepreneur Of The Year® 2022. Leading organizations and thought leaders in FinTech have continued to recognize DealMaker’s growth and impact in modernizing capital markets transactions. Earlier this year, DealMaker won “Best Crowdfunding Company” by FinTech BreakThrough Awards, has also been named as a finalist for the “Fintech of the Year” at the 2nd annual US Fintech Awards and nominated for the Equity Crowdfunding Self-Hosting Technology of the Year; the winner of which will be announced during Equity Crowdfunding Week. In only 4 years since its inception, DealMaker has powered over $1.5 Billion dollars in capital raised, with more than 250,000 investments processed globally. Issuers and organizations in the capital markets can learn more about DealMaker at https://www.dealmaker.tech/. DealMaker is on a mission to create the most sophisticated capital markets tools on the planet, empowering capital to flow faster. It offers a suite of primary issuance, shareholder management, and capital raising solutions including investor ranking algorithms and data analytics tools to support all global private placements exemptions. Its innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker puts forward-thinking organizations in control to run streamlined, successful capital raises in one centralized platform. The company’s offices are located in Toronto, Canada, Austin, Texas and Tampa, Florida. Visit DealMaker.tech for more information. Contact Details Natasha Jose natasha.jose@dealmaker.tech Company Website https://www.dealmaker.tech/

August 29, 2022 01:00 PM Eastern Daylight Time

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DealMaker nominated for Equity Crowdfunding Technology of the Year Award

DealMaker

DealMaker has been nominated for the Equity Crowdfunding Self-Hosting Technology of the Year Award; the winner will be announced during Equity Crowdfunding Week in November, hosted by StartupStarter. DealMaker has been recognized as an industry leader and top performer in the space. True to equity crowdfunding, the crowd decides - for those interested, you can still vote until September 30th here: https://awards.startupstarter.co/ “Our technology has consistently led the way in bringing equity crowdfunding into the digital age,” said CEO and Co-Founder of DealMaker, Rebecca Kacaba. “With our white-label solution, we have been the go-to choice for some of the biggest brands including Green Bay Packers and Miso Robotics, who have run their capital raises with an approach similar to a simple eCommerce experience. We are honored to be nominated for this award by StartupStarter, whose Equity Crowdfunding Week, November 9-11, is a pivotal event for advancing the expansion of the industry.” “Equity Crowdfunding is growing and evolving so quickly and we are proud to be at the forefront of this evolution,” said Mat Goldstein, CSO and Co-Founder of DealMaker. “We always wanted to be a platform that provided companies control and customization over the entirety of their raise, and this nomination is validation that it has been achieved. StartupStarter’s Equity Crowdfunding Week is vital to sparking discussion surrounding the progression of this space, and we couldn’t be more proud to receive this nomination.” Leading organizations and thought leaders in FinTech have continued to recognize DealMaker’s growth and impact in modernizing capital markets transactions. Earlier this year, DealMaker won “Best Crowdfunding Company” by FinTech BreakThrough Awards and its co-founders Mat Goldstein and Rebecca Kacaba were finalists for EY Entrepreneur Of The Year® 2022. DealMaker has also been named as a finalist for the “Fintech of the Year” at the 2nd annual US Fintech Awards. CEO Rebecca Kacaba is also nominated for Startup Starter’s Industry Leader of the Year. In only 4 years since its inception, DealMaker has powered over $1.5 Billion dollars in capital raised, with more than 250,000 investments processed globally. Issuers and organizations in the capital markets can learn more about DealMaker at https://www.dealmaker.tech/. DealMaker is on a mission to create the most sophisticated capital markets tools on the planet, empowering capital to flow faster. It offers a suite of primary issuance, shareholder management, and capital raising solutions including investor ranking algorithms and data analytics tools to support all global private placements exemptions. Its innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker puts forward-thinking organizations in control to run streamlined, successful capital raises in one centralized platform. The company’s offices are located in Toronto, Canada, Austin, Texas and Tampa, Florida. Visit DealMaker.tech for more information. Contact Details Natasha Jose natasha.jose@dealmaker.tech Company Website https://www.dealmaker.tech/

August 29, 2022 11:00 AM Eastern Daylight Time

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OPPO Announces Winners of the 2022 OPPO Research Institute Innovation Accelerator and USD $460,000 Prize Fund

OPPO

SHENZHEN, CHINA - Media OutReach - 29 August 2022 - OPPO today announced the ten winners of the inaugural OPPO Research Institute Innovation Accelerator. The OPPO Research Institute Innovation Accelerator has seen teams from around the world submit technology proposals aimed at tackling some of society’s biggest challenges. Following a three-month submission and judging process, the ten winning teams will share the RMB 3,000,000 (USD $460,000) prize fund and other resources provided by OPPO and its partners. An earphone that can easily optimize sleep quality; a system designed to detect earthquakes early with rapid intensity reporting; and a smartphone specially designed to provide a greater quality of listening experience for hearing impaired — these are just some of the proposals submitted to this year’s OPPO Research Institute Innovation Accelerator. Launched in May this year, the Innovation Accelerator was established to support OPPO’s belief in “Virtuous Innovation” by seeking innovative proposals addressing key challenges in accessible technology and digital health. Over the three-month period, proposals were judged by a committee from OPPO Research Institute and partners. Proposals were judged against the four criteria of Feasibility, Innovation & Originality, Social Value, and Long-term Potential, with the following ten proposals being selected as the winners of this year’s program (displayed in no particular order): Institute of Care-life/Chengdu Meihuan Technology Co., Ltd: A massive system designed to detect earthquakes early with rapid intensity reporting using IoT and AI. Peking University Third Hospital: Detecting early-stage dementia through eye movements and other small indicators. Lingxin Intelligence Co., Ltd: Combining AI and psychiatric treatment to provide effective and accessible mental health services. Anhui Easpeed Technology Co., Ltd.: A project that can produce interactive images in free space without the need for an additional medium or screen. Alango Technologies Limited: BeHear — An innovative hearing aid built from Bluetooth audio hardware and an exclusive hearing assistance algorithm. Shenzhen Aibaowi Biotechnology Co., LTD: Tangtangquan — a diabetes digital therapeutic solution that works by providing an artificial pancreas and blood sugar monitoring system based on RTOS on a smart watch. Zhejiang Nurotron Biotechnology Co.,Ltd: Hearing aid and Hearing Protect Technical solutions by supporting smart listening for people with cochlea implants. Lyratone Technologies, Inc.: Lyratone hearing aid and hearing protection for hearing assistance. Beijing Jadebird Vision Technology Co., ltd.: A machine vision solution for opticians and people with visual impairments. IDUN Technologies AG: Sleep journey optimization platform by understanding brainwaves with EEG Hearables. The ten winning proposals were selected from a total of 536 entries submitted by technology professionals, entrepreneurs, and social science researchers based in 39 countries and regions around the world. As part of the judging and selection process, demo events were held in Israel, India, and China. OPPO also made its debut appearance at VivaTech 2022 in France — Europe’s biggest startup and tech event — to promote the OPPO Innovation Accelerator and share its vision for a better and more inclusive future built on “Virtuous Innovation”. "Over the past few months, we have seen hugely innovative solutions that leverage the power of science and technology to address some of the biggest issues facing society right now,” said Levin Liu, OPPO Vice President and President of OPPO Research Institute. "As we continue to explore and push the boundaries of technology, we do so in alignment with our mission of ‘Technology for Mankind, Kindness for the World’. Through technological innovation, we want to help society develop in a positive direction and bring the benefits of Virtuous Innovation to more people. In the future, we look forward to working with more innovators to tackle key problems like these through the OPPO Research Institute Innovation Accelerator.” With today’s most pressing challenges too big for any individual organization to tackle alone, OPPO established the OPPO Research Institute Innovation Accelerator to discover and develop technology that could help benefit those most in need of it. Following the announcement of the winners of this year’s Innovation Accelerator, OPPO will help the ten teams to further develop and promote their technologies by providing financial support, marketing resources, opportunities to apply their concepts in OPPO products, and exhibition of their ideas at global events. Over the years, OPPO has built up vast experience in the areas of accessible technology and digital health, leveraging its understanding of user needs and insights to create tailored solutions for specific groups of users. For example, the OPPO Find X3 series includes a Color Vision Enhancement feature designed to improve the visual experience for those with color vision deficiencies. OPPO has also brought aging adaptation to its ColorOS operating system and smart products to enable elderly users to enjoy the benefits and convenience of technology. Further to this, OPPO has established the OPPO Health Lab to develop preventative health solutions designed to help users develop healthy lifestyle habits. In the future, OPPO will continue to develop its own technology and work with innovators worldwide to bring the benefits of technology to more people. To learn more about the OPPO Research Institute Innovation Accelerator and this year’s winning proposals, please visit oppo.com/en/proposal/ About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. Contact Details Media Contact press@oppo.com Company Website https://oppo.com/en/proposal/

August 29, 2022 10:06 AM Eastern Daylight Time

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Amesite Announces Partnership with Central Michigan University to Deliver a Complete Upskilling Solution

Amesite Inc.

Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

August 29, 2022 10:00 AM Eastern Daylight Time

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Vingroup’s tech unit launches new smart mobility features

Vingroup

HANOI, VIETNAM - Media OutReach - 29 August 2022 - VinAI – a member company in Vingroup’s tech ecosystem and VinFast’s strategic partner - is one of the world's top 20 Artificial Intelligence research-based companies whose mission is to bring state-of-the-art research into real-life impact. Notes: 1/ VinAI's DMS uses an infrared camera to recognise the driver's face and to detect dangerous driving behaviour such as drowsiness and yawning 2/ The automatic mirror adjustment feature helps the driver quickly get the most optimal mirror angle before starting the journey 3/ Traditional 360 View that has been applied on VinFast’s VF e34 4/ Jelly 360 View On AI Day 2022 organized last week, VinAI announced two brand-new products that have been successfully developed in order to make driving safer and more convenient. These are pioneering in the market and will potentially be integrated into VinFast cars in the future. Consistently on the cutting edge of technology, VinAI's Smart Mobility team is proud of its in-house built driving technology. Let's take a look at the new products. Driver Monitoring System – DMS According to a report of the United Nations in 2021, more than one million people die from car accidents every year. While approximately 60 per cent of accidents happen due to driver distractions (AAA Foundation, 2017), and another 20 per cent are caused by driver drowsiness (ROSPA, 2020). To tackle these problems, VinAI's specialised Driver and Occupants Monitoring System (DMS) ensures a safe driving experience with our in-cabin solutions by using high-performance cameras and AI to analyse driver behaviour patterns to prevent driving errors. VinAI's DMS was developed to enhance the safety of drivers. Based on face recognition technology, VinAI's solution uses an infrared (IR) camera and vehicle sensors to detect the driver's status, such as sleepiness, drowsiness, or risky behaviours such as distraction or using phones. By doing this, the system can alert the driver to pay attention to controlling the vehicle. VinAI's DMS can also detect the driver's eye movement when wearing sunglasses and a facemask. The outstanding strength of VinAI's product also lies in its flexibility. In other words, VinAI's DMS product is compatible with a wide range of platforms, allowing car makers to integrate it into their existing hardware without having to spend huge effort on conversion. VinAI's DMS product also runs on multiple SoCs, such as Nvidia, Qualcomm, Renesas, and Ambarella, among the giant global semiconductors. Auto Mirror Adjustment To make the driving experience easier and more convenient, VinAI also developed an automatic mirror adjustment (AMA) feature in their DMS product. With classic cars, the driver must adjust the mirror "manually," using controlling buttons and regularly adjusting it many times to get the correct viewing angle. VinAI solves this problem by providing a new feature, which automatically adjusts the side mirrors to the optimal position based on the driver's head position information. The system automatically calculates the optimal rotation angle of the mirrors based on the relative position of the head and sends the signal to rotate the side and rearview mirrors to their correct positions. All the driver needs to do is sit in position, press the auto mirror adjustment button and the mirror will automatically be adjusted. Check out the DMS demo video (this is foundational version, AMA is not included) https://www.youtube.com/watch?v=qY7c1e3lo7s Advanced Surround View Monitoring - ASVM Each year, in the US alone, there are 840,000 accidents caused by drivers' incapability to monitor all blind spots. VinAI has developed a solution to popularize a feature only available for luxury cars to more middle-end car segments. ASVM is a system that provides 360-degree surround views, including top view, rear view, tire view, and 3D view, to assist the driver when moving through busy streets, on narrow roads, or in the parking lot. VinAI's ASVM product has reinvented the driver's experience by offering complete awareness of the situation around the car and identifying obstacles in "blind" areas with its 360-perimeter surround view monitoring system. One of the advantages of VinAI's ASVM is the smooth and high-quality 360/3D view reconstructed by combining the images from four fisheye cameras with the best-in-class algorithm made by VinAI. The driver can interact with the view by swiping in any direction to see all around the car. In addition, this system also makes parking simpler, especially for new drivers. ASVM detects vacancies in the parking lot, directs parking in real-time, or even automatically parks the car for the driver. In addition, ASVM can estimate the width of the space on narrow roads to determine whether the vehicle can be driven through and provide the necessary support to the driver if needed. Jelly View Jelly View is a transparent 360-degree view that can see through the entire vehicle. Using the Jelly View system, the driver can see the whole scene outside the car and even underneath the vehicle and can switch between different views using the on-screen control panel. With this Jelly View mode, the driver can observe blind spots, especially underneath the vehicle, that cannot be seen through the mirror, thereby avoiding unexpected accidents on narrow roads, bad roads or in parking lots. ASVM supports the driver with a full view of the front, rear, left, right and below the vehicle to align and park in the parking lot. For example, the ASVM system is optimised to deliver best-in-class image stitching quality with high performance and low computation cost. The system is also flexible and can run on different hardware platforms so that it can be integrated into various car ranges from other segments. Check out the ASVM demo video (this is the foundational version deployed on VFe34, Jelly View is not included): https://www.youtube.com/watch?v=uJ3Yu9X2W9Y&t=2s Contact Details Media Contact v.nammh@vingroup.net Company Website https://www.vinai.io/aiday2022

August 29, 2022 09:30 AM Eastern Daylight Time

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