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No. 1? What Is Making This Grocery Delivery App A Preferred Choice In Southeast Asia?

Society Pass Incorporated

Society Pass (NASDAQ: SOPA) E-commerce, made possible by the internet, is still booming. Businesses like Amazon.com Inc. (NASDAQ: AMZN), eBay Inc. (NASDAQ: EBAY), and Shopify Inc. (NYSE: SHOP) are soaring, with more people ordering products online than buying them in stores. While most businesses nose-dived during the COVID-19 pandemic, movement restrictions induced by the pandemic fueled online retail sales. Online sales grew from 16% to 19% in 2020, with Southeast Asian countries significantly contributing to the growth, according to numbers in a United Nations Conference on Trade and Development report. Southeast Asia, which includes countries like Philippines, Vietnam, Singapore and Malaysia, is home to more than 681 million people — 47% of whom prefer online shopping, with about 144 million people regularly purchasing online. E-Grocery Boom Consumers can shop online from anywhere and choose from a wide array of products such as groceries to be delivered directly to them. Online grocery, or e-grocery, shopping has also been gaining momentum for some time. The e-grocery market is quickly expanding throughout the world, with players like Uber Technologies Inc. (NYSE: UBER), Instacart, Amazon Fresh and Fresh Direct serving customers in North America and Europe. Southeast Asia is also seeing significant growth in the e-grocery market. A breakdown of the market by IGD Asia indicated: Asia, the largest regional grocery market in the world, is expected to grow by a compound annual growth rate (CAGR) of 6% between 2018 and 2023. The grocery market will be worth $4.2 trillion by 2023, up from $3.1 trillion in 2018. Its share of global grocery spending will be 37% in 2023, adding around $1.1 trillion to the worldwide grocery market. China, India and Indonesia will be the biggest contributors to the region’s top-line growth, accounting for 74% of new sales added by 2023. A Convenient Grocery Delivery App? That level of growth could be a boon for a company like Pushkart.ph, an online grocery service started in 2017 that delivers fresh goods to consumers who use its feature-packed app. Pushkart’s platform was developed by a group of young Filipino millennials whose goal was to ensure fast, convenient and safe grocery delivery to customers’ doors. From Day One, Pushkart.ph — available on the web, Google Play Store and the Apple Store — said that in addition to serving consumers, it wants to be the platform of choice for retailers and help them sell their products quickly without learning the technicalities of running a digital platform or managing a logistics fleet. From a single flagship fulfillment center at Fisher Supermarket, which has been operating since 2017, the platform is now supported by three additional hubs: Market! Market!, Ayala Malls Feliz, and AllDay Supermarket — Global South. What Makes Pushkart.ph Say It’s Confident It Stands Out From The Rest? Consumers — The company wants to bring value to consumers by allowing them to shop for their basic needs anytime from anywhere they want while sparing them from heavy city traffic or the hassle of carrying heavy bags of groceries. Companies — The company wants to make it easy for corporate clients to purchase every office pantry supply they need from a single source and with the convenience of having flexible payment schemes. Merchants — The company plans to empower retailers to reach the online market by giving them the means to easily transform their shops to include digital sales. Society — The company wants to bring more jobs through online commerce. Pushkart.ph is a division of the Society Pass Inc. ( NASDAQ: SOPA ), a Southeast Asian acquisitions-focused e-commerce holding company. Currently operating six subsidiaries, SoPa plans to expand to more than 10 more subsidiaries in eight verticals — loyalty, merchant software, lifestyle, food and beverage delivery, travel, digital advertising and telecoms — by the end of 2022. Since its inception in 2018, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants and brands on its platform. Apart from Pushkart.ph, SoPa provides merchants with #HOTTAB Biz, lifestyle e-commerce through Leflair.com and Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam. In addition, SoPa operates Gorilla Networks, a Singapore-based, blockchain/web3-enabled mobile virtual network operator. About Society Pass (NASDAQ: SOPA ) As a loyalty and data marketing ecosystem, Society Pass operates multiple e-commerce platforms across its key markets in SEA. Its business model focuses on analysing user data through the expected launch of its Society Pass loyalty platform and circulation of its universal loyalty points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises.In addition, SoPa operates Leflair.com, Vietnam’s leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, and Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam. For more information, please check out: http://thesocietypass.com/. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga.com Benzinga +1 877-440-9464 info@benzinga.com Company Website https://thesocietypass.com

June 17, 2022 08:25 AM Eastern Daylight Time

OPPO Teams Up with Ericsson and Qualcomm to Accelerate 5G Enterprise Network Slicing Deployment

OPPO

OPPO collaborated with Ericsson and Qualcomm Technologies, Inc. to realize industry leading milestone of deploying 5G Enterprise Network Slicing Solution for Commercially Available Android 12 Devices Based on an OPPO Find X5 Pro powered by Snapdragon® 8 Gen 1 Mobile Platform with Snapdragon X65 Modem-RF System, running Android 12, the 5G enterprise network slicing solution, created with the support of Ericsson Dynamic Network Slicing Selection and 5G RAN Slicing solution, is capable of partitioning mobile apps and network traffic according to different network slices facilitating User Equipment route selection and policy control (URSP) Capable of end-to-end transmission, the 5G enterprise network slicing solution can be deployed by network operators worldwide SHENZHEN, CHINA - Media OutReach - 16 June 2022 - Global smart device company OPPO today announced the successful testing of a pre-commercial 5G enterprise network slicing solution in collaboration with Ericsson and Qualcomm Technologies. The creation of the solution marks an important step in realizing practical 5G enterprise network slicing deployment and is designed to be implementable by network operators worldwide. The three compnaiesrecently demonstrated the pre-commercial 5G enterprise network slicing solution at OPPO’s 5G Communications Lab. During this first demonstration of the solution, OPPO worked closely with Ericsson and Qualcomm Technologies to achieve connection between the core network, wireless network, and chip module. Using an OPPO Find X5 Propowered by Snapdragon 8 Gen 1 Mobile Platform with Snapdragon X65 Modem-RF System, running a highly customized system based on Android 12 - ColorOS 12, Dynamic Network Slicing Selection capability from Ericsson 5G Core to support User Equipment Route selection and Policy control (URSP) and 5G RAN Slicing solution, the joint team demonstrated application and network traffic partitioning using the pre-commercial 5G enterprise network slicing solution. This enables the steering of applications and enterprise services with specific requirements to defined slices without switching devices. Under the new solution, apps which are able to access the dedicated network slice are easily identifiable via a small icon displayed next to the main mobile app icon. "5G enterprise network slicing is the key to realizing 5G-differentiated applications," said Xia Yang, Senior Director of Carrier Product Line, OPPO, "Based on our company mission of ‘Technology for Mankind, Kindness for the World’, OPPO will leverage our strengths in innovation and collaboration across the tech ecosystem to advance the commercialization of 5G enterprise slicing technology. Together with our partners, we will enable a wide range of OPPO product users to be the first to enjoy a customized 5G connectivity experience." Monica Zethzon, Head of Solution Area Packet Core at Business Area Cloud Software and Services, Ericsson said: "5G network slicing enables enterprises to meet their network security, reliability and flexibility needs. This solution, created in partnership with OPPO and Qualcomm Technologies and underpinned by Ericsson’s dual-mode 5G Core and 5G RAN Slicing technologies, provides a foundation for CSPs to deliver more tailored 5G services for enterprises.” "Demonstration of commercial 5G enterprise network slicing is an important step in fulfilling the promise of 5G standalone (SA)," said, Sunil Patil, vice president, product management at Qualcomm Technologies, Inc. "Commercialization of slicingwill provide 5G networks tools to customize 5G capabilities as per the needs of the application." By partitioning a physical network into multiple virtual end-to-end networks, 5G network slicing can provide independent, customized network resources based on specific needs and use cases, ultimately unlocking a greater number of 5G resources to provide more flexible and effective 5G networks. The conpanies will now step up efforts to finalize ecosystem, device, and network details with a view to commercial deployment. Commercial network slicing is set to spur new areas of growth in technology 5G network slicing allows independent virtual network ‘slices’ to be created with different network properties — for example latency, bandwidth, security and reliability — based on the needs of those connecting to the network. For example, a dedicated network with large bandwidth and low latency can be created for automatic driving applications, providing a higher guarantee that vehicles will receive the level of data accuracy and computing throughput they need to remain safe on the road. Network slices could even be created for specific games or platforms, providing users with more responsive and immersive connectivity that is independent of other traffic on the network. In IoT applications such as smart factories, network slices set up for low latency and high reliability with a large number of connected devices will also help to provide the foundation for smarter operations. OPPO has been conducting R&D in 5G network slicing together with network operators and other partners for a number of years now. OPPO previously partnered with Vodafone and Ericsson to build the first 5G SA network in the UK at Coventry University, where it also demonstrated the first 5G SA network slicing technology. OPPO has also worked with China Mobile to complete testing and verification of 5G terminal slicing. In the future, OPPO will continue to work with global operator partners to promote the application and implementation of 5G enterprise network slicing, bringing more secure, reliable, and flexible 5G communications to commercial partners and end users. 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

June 16, 2022 10:00 PM Eastern Daylight Time

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SensorView Participating in International Microwave Symposium

SensorView

SensorView, a provider of creative and competitive solutions for the next generation of 5G, announced its participation at the 2022 IEEE MTT-S International Microwave Symposium (IME) in Denver, Colorado June 21-23, 2022. At the event, SensorView will be showcasing its cutting-edge 5G solutions as it continues its entry into the United States marketplace. Founded in South Korea, SensorView, a top 5g company, is increasing its presence in the United States’ commercial, defense, and aerospace markets. SensorView’s portfolio of products includes cables, connectors, antennas, and testing devices. Among the products SensorView will display at IME includes its advanced in-building transparent 5G antenna. “We are excited to participate in IME this year. Industry leaders are always impressed when they experience our transparent antenna. With its transparency, low latency and high gain, our product is revolutionizing antenna design,” said Sabahattin (Sebi) Karakus, SensorView’s North American Sales Director. “Our transparent antennas can be integrated into any signage, such as exit or restroom signs, and uses almost 60% less non-recyclable material than traditional antennas.” SensorView’s strong management team, patented technology, and vertically integrated operations create competitively priced products that are lower weight with greater flexibility, low latency, low loss, and feature superior EMI shielding. Jaeseon Kim, Global Sales Director at SensorView, added, “At SensorView, we design products with thoughtful integration into a client’s systems. Our high quality and advanced technology allow us to support key industry leaders and partners like Samsung and Qualcomm.” SensorView’s strong management team, patented technology, and vertically integrated operations create competitively priced products that are lower weight, with greater flexibility, low latency, low loss, and EMI shielding. Gary Sumihiro, founder of Sumihiro Investments and its affiliate MPG Ventures and the Honorable Betsy Markey, advises SensorView on its US strategies. ### About SensorView SensorView Korea was established in 2015 and operates in the verticals of cables, antennas, connectors, testing devices, and materials, all critical components in the 5g commercial, defense, and aerospace industries. In 2019, the Korean Ministry recognized SensorView as one of the country’s most innovative 5G companies. SensorView US launched in 2020 to focus on the North American markets. Please visit http://www.sensor-view.com/. For more information or to schedule an interview with a SensorView spokesperson, contact Dan Rene at 202-329-8357 or media@sensor-view.com Contact Details SensorView Dan Rene +1 202-329-8357 media@sensor-view.com

June 16, 2022 10:00 AM Eastern Daylight Time

BUCK Announces Successful Merge With VTProDesign

BUCK

BUCK (" BUCK " or the " Company "), a global creative company that brings brands, stories, and experiences to life through art, design, and technology, today announced it will be joining forces with VTProDesign (“ VTProDesign ”), the LA-based interactive design studio. The move is the first-of-its-kind network expansion for BUCK and an organic next step for both companies as they continue to create innovative experiences for their clients including Meta, Nike, Microsoft, Google, Airbnb, and Netflix, to name a few. While both companies stand to benefit from integration at the operational level, the driving force for the merger is attracting, retaining, and growing world-class talent. As the creative services industry continues to evolve, BUCK and VTProDesign are staking their success on how they work—not just what they create —putting sustainable creative culture and a commitment to craft front and center. Jeff Ellermeyer, Co-Founder and CEO of BUCK stated, “Our goal is really quite simple: to deliver incredible work by incredible people while fostering a strong culture. BUCK and VTProDesign is a partnership of exactly that. BUCK’s superpowers intersect design and technology, while VTProDesign has advanced their storytelling to experiences that blur the line between digital and physical. The partnership allows us to expand and grow with a network of like-minded talent and entrepreneurs across diverse offerings, regions and clients. We couldn’t think of a better group of masterminds than VTProDesign to join the BUCK family.” With digital revenue growth in the advertising industry 28%, the demand for immersive experiential marketing is also on the rise. 81% of both B2B and B2C marketers are currently planning in-person events, with or without a virtual component. BUCK’s merger with VTProDesign will boost the company’s talent pool in this crucial area, folding in expertise in physical experiences, interactive technologies, and bespoke tools to solve never-before-seen problems. “VTProDesign has always been about growth and advancements in innovation, reflecting our values and evolution as creators. BUCK is a natural fit for us, as we continue to grow our footprint, partnering with best-in-class creatives that are committed to craft, culture and people. The merge will ultimately result in tremendous growth for VTProDesign, unparalleled opportunity for our employees, and a really impressive mix of creatives all at one table. It’s a 5+5=11 situation, and we can’t wait to see what kind of groundbreaking work we come up with together,” said Vartan Tchekmedyian, CEO of VTProDesign. VTProDesign is no stranger to creating full 360 experiences regardless of medium, connecting people to brands, products and innovation through crafted experiences, using technology as a tool. The group names Netflix, Google, Ray-Ban, and Heineken as part of their client roster. Highlights of The Merge The network expansion is accretive to BUCK and VTProDesign, establishing a unique creative talent pool and positioning them for scaled business growth. BUCK Brand Leadership: The BUCK team has the track record and abilities to quickly amass a significant presence in the design, tech, and digital creative markets, along with the necessary expertise to integrate and incorporate new creatives across a diverse group of verticals and platforms. VTProDesign Brand Leadership: BUCK will be positioned with a best-in-class creative team, along with a management team composed of highly successful and experienced professionals across design, creative technology, and integrated production across four offices in Los Angeles, New York, Sydney, and Amsterdam. Focused Creative Market: BUCK believes it to be best suited for a network expansion as an influential and established creative company with eight straight years of high double-digit revenue growth. For 2022, BUCK will be managing in excess of 600 headcount globally with physical presences in LA, NY, Sydney, and Amsterdam. The 2022 forecast equates to 100% growth in trailing three years—all while managing the pandemic period. Merging in VTProDesign equates to an additional 50% of the 2021 hired headcount servicing a diversified client offering. VTProDesign, also a high growth company, is forecasted to add an additional 20% EBITDA to BUCK’s financials and double-digit revenue growth. BUCK entered an exclusive letter of intent with VTProDesign, officially closing on June 6th,, 2022 pursuant to which the two have merged. VTProDesign will retain its identity, and Vartan Tchekmedyian and Michael Fullman will both retain their positions at VTProDesign. Management Team Jeff Ellermeyer, Founder, and CEO of BUCK Jeff Ellermeyer has worked for nearly three decades at the intersection of technology and design, culminating in his current role as Co-Founder and Chief Executive Officer of BUCK. In 1996, Jeff founded Fullerene, a pioneering creative services company that worked with early web and music clients. In the early 2000s, when Jeff discovered motion design, he recognized it as the future of experience. He founded BUCK in 2003 on this belief and folded in Ryan Honey and Orion Tait as partners. Drawing on his education in Computer Science and Film, Jeff’s enthusiasm for innovation and culture-shifting creativity has guided him throughout his time at BUCK. His passion is to foster a scalable, sustainable creative culture that attracts, retains, and grows the world’s best talent. Ryan Honey, Founder, Co-Chief Creative Officer of BUCK With over two decades of experience building and leading teams through ground-breaking design and content production, Ryan Honey is Co-Founder and Co-Chief Creative Officer of BUCK. Starting in 1999 at the dawn of the broadband content revolution, Ryan served as Creative Director for Heavy.com, where he and his teams pushed the boundaries of what was possible within the browser. His experience in live-action and animation combined with his background in design led him to build an early motion graphics division heavily focused on commercial production and network packaging. In 2003, Ryan left Heavy and moved to Los Angeles, where he subsequently co-founded BUCK alongside Jeff Ellermeyer and Orion Tait. Since then Ryan has led numerous projects with world-famous clients such as Google, Apple, Meta, Coca-Cola, Nike, McDonald’s, Toyota, and Honda, earning numerous awards, including an Emmy, multiple gold Cannes Lions, Clios, and over 150 additional awards from the most prestigious industry competitions in the world. Today, he continues to innovate, developing new capabilities at BUCK while fostering global growth. Wade Milne, Chief Financial Officer of BUCK Wade Milne brings over 20 years of finance and global capital market experience to his role as the Chief Financial Officer for BUCK. Graduating with a degree in accounting, Wade began his career in small business tax advising before working across multiple creative service brands, including the APAC region at parent holding company, IPG, where he successfully earned his CPA. After moving his base to the US market, Wade spent 5 years reshaping R/GA’s finance department on behalf of new leadership, partnering with the industry's best in retooling offerings and opening new locations. Following this, Wade spent time with Private Equity, strengthening his capital market muscle whilst strategically managing business operations for marketing and sales to global capital markets, before finding his long-term home at BUCK. Since joining BUCK in early 2020, Wade has successfully built its finance, FP&A, accounting function, has overseen its first external audit, led the debt raise, and has become a critical factor to BUCK’s M&A division and strategy. Vartan Tchekmedyian CEO of VTProDesign Vartan Tchekmedyian has been VTProDesign’s Chief Executive Officer since its inception, leading a team of artists, designers, and producers by providing high-level business strategy across all projects that run through the interactive L.A. design studio. Following his graduation from USC in 2010 - where he offered turnkey event production for both campus and corporate events - he founded VTProDesign as a team of one, with a simple goal of engaging with audiences through innovative mediums. Over the course of several years, Vartan successfully grew a small team focused on conceptualizing digital campaigns, expanding to the creation of full 360 experiences. Regardless of medium, Vartan’s vision is to connect people to brands, products and innovation through crafted experiences, using technology as a tool. Since then, the group has worked with household names such as Netflix, Google, Ray-Ban, and Heineken, building an honorable client roster. Michael Fullman, Chief Creative Officer of VTProDesign Michael is Chief Creative Officer at VTProDesign. He’s been progressing VT’s vision for 10 years, overseeing and pushing its creative growth and developing the organization to be a leader in interactive innovation. Michael graduated from Loyola Marymount University with a BA degree in theater and started working in music touring design shortly after. After joining VTPro, Michael dove into a combination of different projects, ranging from touring design for some wild acts to experiential designs for brands like Google. Michael has a deep understanding of design and production and has collaborated with countless brands and artists to bring their most complicated and technologically challenging ideas to life. About BUCK With offices in New York, Los Angeles, Sydney, and Amsterdam, BUCK is a global creative company pushing boundaries of art, design, technology, and digital experiences. Founded in 2004, the company has built a reputation for outstanding craftsmanship and innovation by finding creative opportunities in every challenge. BUCK has successfully created one-of-a-kind experiences for top clients across the cultural and technology spheres, including Meta, Nike, Google, Twitter, Airbnb, and Netflix, to name a few. Recognized as an industry leader within design and technology, BUCK’s awards include an Emmy, multiple gold Cannes Lions, Clios, pencils, cubes, and over 150 additional accolades from the most prestigious competitions in the world. Instagram: @buck_design Twitter: @buck_tv Vimeo: http://www.vimeo.com/buck About VTProDesign Building unique worlds to help brands connect audiences to radical experiences, VTProDesign is here to evoke emotion and create interactive journeys others are simply too scared to take on. The immersive design company leads with an innovative yet authentic foot forward, curating a team of trailblazers that push the boundaries on how an audience connects with an experience. Taking the immersive storytelling industry by storm, VTProDesign successfully merges art, design, and interactive visual & audio installations into one powerhouse, creating one-of-a-kind experiences. Instagram: https://www.instagram.com/vtprodesign/ TikTok: https://www.tiktok.com/@vtprodesign References: AdAge: Agency Report 2022 Revenue Growth, 2022 Agency EA: The 2022 State of Experiential Research Study Findings, 2022 For investor inquiries, please contact: Wade Milne, Chief Financial Officer, wade@buck.co Contact Details Jive PR + Digital Jalila Singerff +1 613-614-6777 jalila@jiveprdigital.com Company Website https://buck.co/

June 16, 2022 09:08 AM Eastern Daylight Time

Webio secures $4m to scale conversational AI in the collections and payments industry

Webio

Irish start-up Webio, a leader in Conversational AI in the credit, collections and payments industry, has today announced a series A funding round led by Finch Capital. Webio is primed to scale-up following the digital shift during the pandemic and the uncertain economic climate to make difficult conversations about payments easy through their Conversation AI. Webio’s technology has enabled leading UK and European companies to communicate conversationally with customers throughout their credit and collections journey. Customers can ask questions, change payment dates, or organise a new repayment schedule, all tailored to their circumstances, all done through Conversational AI and automation. Customers experience the assurance that they have been engaged with, listened to, and interacted with fairly and appropriately and in turn, are more likely to be able to keep to their repayment schedules. The jewel in the crown is Webio’s ability to ‘move the needle’ in predicting conversation outcomes by analysing what is said and how it is said. Identifying characteristics such as a person’s potential vulnerability early and accurately, and then guiding that customer conversations through a range of best next steps dynamically is an example of a critical capability in this market. Webio clients can manage their collections conversations on a level like never before. They can know faster, act sooner, and do so with confidence. “Conversations about money are stressful and difficult, not only for the customer but also for agents tasked with having these conversations. Going digital means companies can create a whole new set of digital experiences that help customers feel more confident in having those difficult conversations and ultimately, stop them from falling into unnecessary and significant financial difficulty. And we are excited that Webio’s conversational AI is enabling companies to engage with customers in a more empathetic manner, at scale”, says Cormac O’Neill, Co-Founder and CEO at Webio. “We are growing at more than 100% year on year, and we are targeted to double our headcount with this investment in the next 6 months. I am confident that Webio will maintain its rate of growth and may look to raise additional capital to enter new markets. There are very exciting times ahead for us. We are certainly in the right market and at the right time. All I can say is watch this space” added Cormac O’Neill. Historically, the credit and collections functions have not received much technology attention, but now digital transformation is a necessity. During the pandemic, companies had to sell services online and provide customer service entirely digitally. Taking a call at the kitchen table was not practical where sensitive financial conversations were involved, so companies moved to digital messaging over WhatsApp, SMS, and Webchat. A recent Deloitte study states that 60% of organisations reported progress on connecting service channels during this time, with 11% reporting that they can transition customers across channels and experiences seamlessly. The number of financial services organisations implementing conversational AI and digital assistants doubled over the pandemic and the privacy-first custom assistant model provided by Webio is finding resonance in the collection’s world. As customers move their spending online there has been a corresponding growth in the consumer appetite for alternative payment options such as open banking facilitated payments, digital wallets such as Apple Pay, and buy now pay later (BNPL) offers. The BNPL market is worth $23bn today and is projected to grow to $91bn by 2028. Even the mighty Apple has announced the availability of Apple Pay Later, so most analysts expect even further growth in this sector. However, BNPL Companies such as Klarna and Afterpay, with other alternative consumer finance companies, are now coming under pressure from customer past due payment behaviours, and this is leading to increased levels of bad debt. The economic environment continues to undergo a seismic shift. Inflation is running between 8 to 10% and significant interest rate rises are predicted by the end of the year. ONS Data finds that almost half of adults find difficulty in paying for electricity and gas, and by October 2022 over 1.5 million UK households will struggle to pay food and energy bills. Paying every creditor on time, and in full, will stretch many to breaking point. All companies will experience more late payments, bad debt, and resultant pressure on cash flows. Companies are now seeing that they need a plan to service these customers with care and empathy, not only because this is mandated, but if treated well, these customers will continue to buy from the brand in the longer term. Webio will use the new funds to deepen their capabilities in conversational AI and additional digital offerings. They plan to triple the company’s R&D team, expand the sales and marketing teams, and expand its customer success teams to address the market demand in the UK and European markets. “Webio is reimagining the way customer credit conversations take place in the collections industry. This sector is ripe for disruption, its approach to its customers is outdated and it’s an extremely large market which is set for significant growth. Webio has established itself as an award-winning provider with triple digit growth in this market and is well positioned to help the sector overcome key challenges around digital transformation and the adoption of AI. Finch Capital is delighted to continue to support this experienced team with its ambitious plans for rapid growth and expansion”, says Mike Brennan of Finch Capital. About Webio Webio makes having difficult customer conversations easier for Credit, Collections and Payment businesses with trusted Conversational AI. Leading UK and Irish brands like The Very Group, Studio Retail, Hoist Finance, DCBL, NCO Europe, Anglian Water use our conversational platform to orchestrate millions of customer conversations at scale and have convenient and highly personalized conversations. The no-code platform allows Webio customers and partners to get up and running with conversational AI over SMS, WhatsApp, Webchat and other channels in hours, not months. Webio’s AI is predicting the seemingly unpredictable in digital collections conversations.Founded in 2016, Webio’s platform enables the credit industry to positively and empathetically engage with their in-debt and vulnerable customers. Webio is on a mission to rebalance the Credit, Collections and Payment ecosystem by reimagining the way lenders engage and converse with customers. Webio was ranked #2 and #8 in the 2020/2021 Deloitte Technology Fast 50 Awards and is the founder of one of Europe’s leading conversational interface conferences – ConverCon. For more information, please visit https://www.webio.com. About Finch Capital Founded in 2013, Finch Capital is a Thematic Growth Investor in European technology companies in Finance, Real Estate and Health run by exceptional entrepreneurs. Our mission is to fund and support the best entrepreneurs creating products that will shape the future of these themes. We have a track record of backing future industry champions including AccountsIQ, Fourthline, Goodlord, Hiber, Symmetrical, Lantum and NomuPay. Finch Capital consists of a team of 12 investment professionals with wide entrepreneurial experience (e.g., Adyen), prior investment experience (e.g., Accel) and industry backgrounds (e.g., Facebook, McKinsey), located across offices in Amsterdam and London. Finch Capital is an active producer of original research on the State of European Fintech and its other themes. For more information see www.finchcapital.com. Contact Details Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.webio.com/

June 16, 2022 08:00 AM Eastern Daylight Time

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Logitix Expands Performing Arts Division to Help Theaters and Arts Events Optimize Ticket Sales

Logitix

Logitix, the leader in live event ticketing technology and analytics, announced they are expanding their performing arts division to help theaters optimize pricing, distribution, and inventory management of tickets. As part of their growth in performing arts, Logitix named longtime industry executive Jack Rubin as their strategic advisor. As the Co-Founder and former CEO of Tessitura Network, Rubin is one of the preeminent leaders in enterprise CRM, ticketing, marketing, fundraising, and analytics for theaters, arts centers, operas, festivals, dance companies, and orchestras. “Jack is an absolute icon in our industry and will be an essential part of our continued growth in the performing arts,” said Logitix President Greg Nortman. “As the most trusted solution for optimizing ticket sales, we look forward to helping even more live events within the performing arts industry.” Logitix optimizes ticket sale outcomes for all of its partners through proprietary dynamic pricing and ticket sales distribution through multiple channels. Its unique platform analyzes millions of real-time data points, providing up-to-the-minute insights within the live event marketplace. “I recognize that Logitix has the technology, data, and analytics expertise tied to sales distribution channels that can produce considerable revenue for the performing arts sector,” said Rubin “What they bring are new sales channels for these organizations. They are clearly building something special in the world of ticketing and I’m thrilled to be part of the journey.” Rubin was Co-Founder and CEO of Tessitura Network from the company's inception in 2001 until he stepped down during a long-planned transition in 2021. He guided the company from an initial two-person organization with two license holders, to over 725 organizations in ten countries using Tessitura. Rubin’s prior experience includes the position of Chief Financial and Strategic Officer of Hotels.com, where he assisted in a successful IPO for the company in 2000. Jack has an M.B.A. from the Wharton Graduate School and a B.B.A from the University of Texas. About Logitix Logitix is the preeminent monetization engine and ticketing platform for the live event industry, combining optimized pricing, distribution, and inventory management with real-time insights to help sellers and buyers respond to a rapidly changing market environment. The Logitix vision is to automate the entire ticket life cycle and provide data-driven insights to serve the diverse needs of its clients. The company is backed by ZMC and is privately held. For more information about Logitix, visit Logitix.com or find them on LinkedIn. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://logitix.com/

June 15, 2022 08:57 AM Eastern Daylight Time

Foresight and Tier One ZF Sign an Agreement for a Joint Proof of Concept

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced the signing of an agreement for a joint proof of concept (POC) project with ZF North America, Inc. (“ZF North America”), a subsidiary of ZF Friedrichshafen AG (“ZF”), one of the top three Tier One technology companies supplying systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. The POC project follows Foresight’s winning of the ZF Pitch Event held at the 2022 CES exhibition in January this year. The ZF Pitch Event focused on automotive electronics and advanced driver assistance systems (ADAS) applications. Several startups were picked to pitch their technology concepts to ZF’s leadership team with the winner receiving funding for a joint proof of concept project with ZF. Since the ZF Pitch Event, the parties have initiated the POC project. " We are always looking for the next innovative solution, seeking to enhance vehicle safety and driver comfort and convenience," said Marc Bolitho, Senior Vice President, Engineering for the Electronics and ADAS Division at ZF. "Foresight’s capabilities offer a potential valuable solution that could be readily deployed without requiring additional hardware and design changes." “We are honored to have been selected by ZF’s leadership team to conduct a joint POC project using our innovative solution for automotive electronics and ADAS applications. We believe that conducting a POC project with one of the world’s top Tier One automotive suppliers once again validates the added value of our technology for enhancing existing ADAS systems,” said Haim Siboni, Chief Executive Officer of Foresight. About ZF ZF is a global technology company supplying systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. ZF allows vehicles to see, think and act. In the four technology domains of Vehicle Motion Control, Integrated Safety, Automated Driving, and Electric Mobility, ZF offers comprehensive product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. ZF electrifies a wide range of vehicle types. With its products, the company contributes to reducing emissions, protecting the climate and enhancing safe mobility. With some 157,500 employees worldwide, ZF reported sales of €38.3 billion in fiscal year 2021. The company operates 188 production locations in 31 countries. For further press information and photos, please visit: www.zf.com Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the joint POC with ZF North America and its belief that conducting a POC project validates the added value of its ADAS. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

June 15, 2022 07:50 AM Eastern Daylight Time

Fimi Market Inc. Launches First-Ever NFT Marketplace for Women, Black Diaspora, Other Underrepresented Artists

Fimi Market Inc.

Fimi Market Inc., a technology company with a purpose to help people worldwide live and thrive through web3 experiences, has launched the Fimi NFT Marketplace, the only NFT art marketplace specifically designed to help women, people of color, Black diaspora artists and collectors sell and buy art while building lasting, successful creative careers and art collections. Artists and collectors can start minting, buying and selling today by visiting https://fimi.market, establishing an account, and either connecting their crypto wallet or opening a new one if needed. Fimi NFT Marketplace delivers art experiences through a thoughtful, multicultural, and human approach to technology, NFTs, and the metaverse – something notably absent in the current global NFT art arena, which has taken a precipitous drop in value in recent months. At the end of 2021, only 16% of NFT artists were women, and even fewer are artists of color ( source: ArtTactic ). “We’ve seen the true potential for web3 technology, despite the recent drop in crypto values, to help artists create and sell their work,” said Miguel Adwin, founder and CEO, Fimi Market. “An opportunity is now emerging for an NFT marketplace that is more widely accessible for those artists who have been traditionally marginalized by both technology and the traditional art world. Fimi is Jamaican for ‘for me,’ and Fimi NFT Marketplace is for them: for women artists, artists of color, Black diaspora artists and those from other underrepresented groups to engage the rapidly-growing NFT art market in ways that are representative, meaningful, and build lasting, financially-successful creative livelihoods.” “Sounds of Blackness is proud to celebrate Juneteenth as an Afro-centric holiday in America,” said Gary Hines, founder & music director of the three-time Grammy Award-winning and two-time NAACP Image Award nominee Sounds of Blackness. “We are offering a special limited-edition and exclusive NFT package of our new single, ‘Juneteenth Celebration.’* Sounds of Blackness recognizes that the metaverse can pave the way for entrepreneurism and economic freedom for historically underserved populations of people." Fimi NFT Marketplace is a multi-blockchain platform that accepts a wide range of crypto currencies. It will initially accept XLM, ETH, and MATIC cryptocurrencies, as well as the FIMI utility token, built on the Stellar Network. The FIMI Utility token provides benefits such as network-free transactions to mint, sell or buy on Stellar for holders of $100 or more in FIMI, reduced fees when sellers choose to receive payment in FIMI, as well as soon to be released perks such as early access to exclusive NFT drops and voting privileges for featured content. The FIMI utility token is available on the Stellar Decentralized Exchange (SDEX) and Bitmart Exchanges. The cost to mint an NFT on Stellar - the transaction fee also known as a “gas” fee - is less than $1 USD. Stellar also has minimal environmental impact for crypto currency: it uses just 0.00022 kilowatt-hours per transaction, compared to Ethereum (ETH) and Bitcoin, which use 238.22 and 1,575 kilowatt-hours, respectively, per transaction ( source: Statista ). Use of Fimi NFT Marketplace has a fee of 2.25% on each transaction, with a 20% refund if artists choose to get paid in FIMI tokens. (Other NFT marketplaces, like OpenSea and Foundation, can charge between 2.5% and 5% fee on their transactions.) Plus, artists will have the option to defer NFT minting costs until the time of its sale. The Genesis Artists - the first artists to mint on Fimi NFT Marketplace - are discovering a simple, user-friendly art minting experience. These artists include: Miriam Andolini Black Mamuu Nettie Bella Steve Brooks Ron Brown - mint by June 20 Chameleon Arts DroidINX GeekMom Sean Garrison Infinite Villains Kate Iverson Caitlin Karolczak - mint by June 20 Kwame Chris Malachi Mrs. Metal Rashad502 - mint by June 20 Sounds of Blackness - mint by June 20 Precious Wallace Combined with its focus on artists from underrepresented groups, Fimi NFT Marketplace truly puts artists and collectors first: they have the flexibility to mint NFTs on their preferred blockchain, defer minting costs until the time of sale, use multiple cryptocurrencies for buying or selling an NFT, and pay minimal transaction fees. In total, a transaction on Fimi NFT Marketplace means greater accessibility for artists and collectors, with minimized carbon impact and among the lowest transaction fees found in any NFT marketplace. “Minting is super easy and fast,” said Mrs. Metal, a Genesis Artist. “I really enjoyed how it took me step-by-step; even someone not so tech-friendly could use it without feeling like they are going to mess up.” “I honestly like the various minting options,” said Kwame, a Genesis Artist. “It adds a dynamic user experience and allows for a better artist-curated experience on a marketplace. I can tell this was well-thought out.” “It’s important for people from all backgrounds, regions and continents to see themselves in the metaverse as it takes shape,” Adwin said. “Starting with Fimi NFT Marketplace, we aim to help artists from underrepresented groups embrace the metaverse, connect with other artists and collectors to build community, and to help them financially grow so they can focus on what they do best: creating incredible works of art. No matter where you live or how you create or collect art, our goal is for you to see yourself and visualize your own success through Fimi NFT Marketplace - for you to say, ‘Fimi is for me.’” Artists are invited to visit https://fimi.market, create an account and upload their work - either a single NFT or an entire collection. *“Juneteenth Celebration” is produced and recorded by Karl Demer, Atomic K Studios; Rock the Cause Records is distributed by The Orchard. About Fimi Market Inc. Fimi is Jamaican – “for me” – and it’s for you. We strive to help people and communities, anywhere in the world, build financially-successful livelihoods through the potential of technology and the metaverse, in truly multicultural, representative, inclusive and supportive ways. Learn more at https://fimi.market. Contact Details Alice Riot for Fimi Market Inc. Dawn Bryant +1 612-859-6941 dawn.m.bryant@gmail.com Kelly Groehler +1 612-669-8602 kelly@aliceriot.com Company Website https://nft.fimi.market/

June 14, 2022 11:47 AM Eastern Daylight Time

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Long-Time Indianapolis Fruit Leader Stepping Back

FreshEdge

Indianapolis Fruit, a member of the FreshEdge family of produce and specialty food companies shares that, effective July 4, 2022, John Cunningham will transition from COO of Indianapolis Fruit to Distribution and Retail Advisor. He will focus on deepening customer relationships, mentoring and developing the evolving executive team, and advising on strategic initiatives. “We’re excited for John to continue positively impacting our team and our customers’ business. He has a tremendous track record of elevating performance,” said Daniel Corsaro, President of Indianapolis Fruit Company. “John has been a great member of our family and has been critical to our growth and development! We are very grateful for everything he has done and look forward to the insight and great things that he will accomplish with our evolving leaders,” said Greg Corsaro, President and COO of FreshEdge, LLC, the parent company of Indianapolis Fruit. “I’m excited to announce that after 40 plus years in the produce industry and 19 with Indianapolis Fruit and the FreshEdge Team, I’ve decided to step back. I’m looking forward to enjoying my personal and professional life at a different pace. I’m eager to continue to work with Daniel Corsaro and our team to enhance our retail merchandising and education programs,” said John Cunningham, Indianapolis Fruit Company. Indianapolis Fruit will continue to be led by Daniel Corsaro, President, and the existing executive team. As part of this transition, Ross Nelson will transition from Vice President of Retail Execution to Vice President of Procurement. About Indianapolis Fruit Indianapolis Fruit, a FreshEdge company, distributes fresh produce, value-added, specialty foods, and floral to retail grocers in 20 states across the Midwest, central, and southeastern areas of the United States. Offering more than 3,500 available skus, 500 plus organic items, and a full-service fresh cut division, Indianapolis Fruit continues to deliver on what consumers want. For more information, visit www.indyfruit.com Contact Details Indianapolis Fruit Company Daniel Corsaro, President +1 317-981-3442 dccorsaro@indyfruit.com Company Website https://indyfruit.com/

June 14, 2022 10:44 AM Eastern Daylight Time