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NAVEX Study Finds Increasing Convergence of Risk and Compliance Priorities

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced the publication of its 2023 State of Risk & Compliance Report. More than 1,300 risk and compliance (R&C) professionals from around the world were surveyed. Among the key findings of this study are a perceived decline in commitment to compliance among management teams, a persistent connection with information security (InfoSec) teams for the compliance function, and an increase in overall program maturity. The study also found notable differences across geographical responses. “This year’s findings demonstrate the importance of collaboration between the chief compliance officer (CCO) and chief information security officer (CISO) as the compliance risk landscape increasingly focuses on data privacy and information security concerns,” said Carrie Penman, NAVEX Chief Risk & Compliance Officer. “Risk and compliance professionals are continuing to work across departments to overcome the hurdles posed by the cyber-threat environment and the future of work.” Leadership’s commitment to risk and compliance The level of commitment demonstrated by management to the company’s compliance efforts fell by 8% from 2022 to 2023, while commitment in the face of conflicting interests and/or business objectives dropped by 9%. Three-quarters of respondents indicated that senior leaders encourage compliance within the organization, and nearly as many report seeing executives lead by example through commitment to the business’ compliance efforts. However, despite 70% saying senior leaders demonstrate adherence to compliance, only 47% said this persisted in the face of competing interests or objectives. Post-COVID hybrid work model Last year, 30% of survey respondents indicated their organizations anticipate most employees would return to in-office working conditions with an additional 56% predicting a hybrid scenario; with a fairly even mix of in-office and remote employees. Also last year, 62% of respondents said flexible, work-from-home models had a positive impact on workplace culture. This year, 93% of respondents said their organization is embracing a hybrid work model, if not fully remote, and nearly three-quarters (73%) say it has a somewhat or very positive effect on company ethos. It is well known that positive corporate cultures help drive better business outcomes. This dynamic is critically important as it relates to a remote workforce, who are typically under less direct supervision. For example, remote work makes observing policy and code of conduct violations or other undesired behaviors more challenging and it presents more IT security risks. Interdependence of compliance, data privacy, and IT/information security N early one-third (30% in 2023 vs. 22% in 2022) of respondents said their organization experienced a data privacy/cybersecurity breach in the past three years. Considering this real-world challenge compliance professionals are facing, cybersecurity (60%) and data privacy (57%) are two of the three most chosen topics respondents said their organization will train on in the next two-to-three years. Europe lags the US in focus on non-retaliation Despite regulatory pressures from the EU Whistleblower Directive, European respondents relegated whistleblowing, non-retaliation and related training as a low priority compared to the US. In the US, 66% of respondents said their organization planned ethics and code of conduct training in the next two-to-three years. However, only 45% of respondents in Germany and 38% in France said the same. This training is likely to include material to educate recipients about a non-retaliation policy. Experienced compliance professionals know that a strong non-retaliation policy is necessary for a reporting program to be effective. More than three-fifth of all respondents (68%) indicated that reporting, retaliation, and whistleblowing were either a “very important” or “absolutely essential” compliance issue for their organization, with the following distribution in select countries: 71% (US), 66% (UK), 60% (France), 59% (Germany). In the US, 61% of respondents indicated that there is a non-retaliation policy in place at their organization; this drops to 41% in Germany, followed by the UK at 36%, and France with only 27%. More respondents indicated that their organizations have a data privacy policy included in their ESG program (54%) than a non-retaliation policy as a part of their confidential reporting and investigatory program (51%). Surprisingly, the gap is especially wide in Europe, illustrating an important inconsistency between the intent of the EU Whistleblower Directive and the focus of the responding organizations. Access to and use of data A substantial majority of respondents (69%) said their access to sources of data to monitor and/or test policies, controls, and transactions, was either “sufficient” or “very sufficient.” Nearly seven out of ten respondents feel they have “sufficient” or “very sufficient” access to the data their programs need. It is notable that far fewer indicate they have a purpose-built solution to administer various program aspects (23-34%) such as incident management or policy management solutions. Depending on the program element, between 12% and 28% are still using a paper-based management method. This approach makes it difficult for programs to efficiently manage, analyze, and leverage the operational data they are bringing in. Program maturity and reporting structure Today’s stringent regulatory environment, combined with societal expectations for greater transparency, require more compliance rigor than ever before. Compared to 2022, a significantly greater share of respondents (53% in 2023 vs. 38% in 2022) described their programs as managing or optimizing (on the Ethics and Compliance Initiative HQP maturity levels of underdeveloped, defining, adapting, managing and optimizing). Interestingly, program maturity seems to have little impact on where inside the organization the compliance function reports. Among all respondents, a similar number of respondents (22%) reported that compliance is independent and reports to executive leadership. “Effective programs, ones with cross-functional collaboration, executive and manager buy-in, strong policies and training, robust internal whistleblowing/non-retaliation mechanisms and vigilant third-party management, are best poised to navigate the ever-changing regulatory landscape while fostering a culture of ethics and compliance. Even for the most mature programs, the task of fostering those dynamics will always be one of continuous improvement,” added Penman. To learn more, download the full report here or read the blog here. Register for The State of Risk & Compliance in 2023 webinar here. ### About 2023 State of Risk & Compliance Report The benchmark research was conducted online by The Harris Poll on behalf of NAVEX among 1,315 adults, who are non-academic professionals (management/non-management or higher) and knowledgeable about their organization’s risk and compliance program in the United States (n=738), United Kingdom (n=177), France (n=157), Germany (n=151), Canada (n=50), and other countries (n=42). The survey was conducted between January 30 – March 10, 2022. About NAVEX NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver our solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk, and compliance (GRC) information system. Contact Details Anita Lo +44 7778 754858 anita.lo@navex.com Company Website https://www.navex.com

June 21, 2023 12:00 AM Eastern Daylight Time

Minuteman Press Franchise in Huntersville, NC Has Grand Opening for Brand New Location

Minuteman Press International Inc

Neha Katrodia is the owner of the brand new Minuteman Press design, marketing, and printing franchise located at 9606 Sherrill Estates Rd., Suite A, Huntersville, NC 28078. After opening their doors in March of 2023, Minuteman Press in Huntersville held their official grand opening and ribbon-cutting ceremony on Friday, June 2, 2023. The event was hosted by the Lake Norman Chamber of Commerce and was attended by Huntersville Commissioner Dan Boone. Neha shares, “The Huntersville community has been very welcoming and interested in learning more about our business. I'm so thankful to everyone who came to support us during the grand opening and showed interest in growing together.” She continues, “Owning my own business means taking on my father's path to becoming an entrepreneur. Most importantly, I feel a sense of personal fulfillment and I look forward to seeing this new venture grow and succeed while helping other local businesses with all of their printing and promotional needs.” Joining Neha in the business are two key staff members: Denis Vargas, graphic designer/production; as well as Neha’s husband Mehul Katrodia, marketing agent. While Denis provides clients with custom creative designs and a sharp eye for details, Mehul manages the marketing side including Google and social media accounts. Neha, meanwhile, has already jumped into several networking groups to become active in the community, including the Lake Norman Chamber of Commerce as well as the Huntersville BNI group. She says, “I feel it’s important to get out there and engage with clients in person and also market our business online. Once clients come to us, we enjoy working with them to bring their visions to life and delivery high quality products and service. Our staff is ready and willing to welcome clients to Minuteman Press in Huntersville with open arms.” Prior to buying the business, Neha always had wanted to follow in her father’s footsteps and become her own boss. She explains, “I have a healthcare and medical billing background; however, I grew up in the business environment. My father has been a businessman from my early childhood years and has owned various businesses from then to now. I also helped him run some of them due to the language barrier he had at times.” Neha further shares why she chose to own a Minuteman Press franchise, stating: “The continuous local support that Minuteman Press offers is amazing; The B2B hours of operation allow me to balance my business and personal lives; Minuteman Press allows me to follow my passion for creating something so unique with every project or job.” She adds, “The training program was extremely informative and allowed me to feel confident in front of clients. Now, the local support to lean on here in my region has been so helpful with advice and guidance on unique projects. We also use the Minuteman Press FLEX software made available to us as a key marketing tool for growth.” Following the successful grand opening, Neha is excited for the future of her new business. She concludes, “At Minuteman Press, we love working with other local businesses and organizations. I look forward to supporting them with our personalized products and services as we are all in this together.” Minuteman Press in Huntersville is located at 9606 Sherrill Estates Rd., Suite A, Huntersville, NC 28078. For more information, call 704-594-8699 or visit their website: https://minuteman.com/us/locations/nc/huntersville/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

June 20, 2023 10:00 AM Eastern Daylight Time

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DfT Minister Visits Prologis UK’s Flagship Site to See How Mobilityways Technology can Decarbonise Workers’ Commutes

Mobilityways

The Minister of State for Decarbonisation and Technology Rt Hon Jesse Norman MP visited Daventry Intermodal Rail Freight Terminal (DIRFT) on Thursday 15 June. The visit, jointly hosted by Prologis UK and Mobilityways, provided the minister with the opportunity to better understand how workers at Prologis RFI DIRFT are using technology to share commuting data, thereby optimising public transport route planning and car sharing possibilities. DIRFT is recognised as the most successful intermodal (rail/road) logistics park in the UK - twelve freight trains a day stop at the site, a number expected to grow as part of Prologis’s quest to reduce the site’s carbon footprint further. As part of its focus on sustainability, Prologis is working with commuter emissions solutions provider Mobilityways across its logistics parks nationwide. Mobilityways provides its car sharing platform Liftshare and is working with six of their sites, including DIRFT, to analyse the commuting habits and sustainable travel options of the staff of its most valued customers. Decarbonisation and Technology Minister Jesse Norman said: “The Department wants to support commuters to make use of lower carbon ways of commuting. It was great to be in Rugby to see the work Mobilityways and Zeelo are doing to help employees at the Daventry Intermodal Rail Freight Terminal make their commutes cleaner, helping companies based at the site reach a wider pool of talent.” David Mellor, Director, Project Management at Prologis UK: “We see the sharing of commute data with our customer at DIRFT as a great way to add value and support their operations. These companies are all major employers seeking to reduce their carbon emissions. Sustainability is at the forefront of our business - we have already reduced the embedded carbon in our UK warehouses by 26 per cent since 2008, and the next logical step is to look at getting our customers’ staff to work more sustainably by offering car sharing arrangements and green transport alternatives.” The Department for Transport is working closely with innovators like Mobilityways, Prologis and key trade bodies to help offer training, advice and technology to remove barriers to decarbonising employee commutes as well as across the transport and logistics sector as whole. The Government’s growing focus on employee commute emissions reduction led to the subject being featured in the Department for Transport’s Commute Zero policy detailed in its Decarbonising Transport Plan which was first published in July 2021 and recently updated. Basil Choudhry, Commercial Director at Mobilityways: “The Decarbonising Transport Plan makes it clear that the commute to the office is the least carbon efficient journey we ever make. It contributes 1.8 billion kg of C02e annually amounting to five per cent of total UK emissions. “Part of the problem is that 90 per cent of us travel to work alone when Mobilityways’s analysis suggests that up to 40 per cent of us could use public transport to get to work. A further 40 per cent could cycle and an estimated 10 million commuting Brits could share a lift into work.” ends The image taken outside The Hub, Centre for Logistics Training & Education at DIRFT Includes, from Left to Right: Sam Hunt – Senior Account Manager - Mobilityways Limited, Dave Mellor – Director of Space Development and Management, UK - Prologis Ali Clabburn – Founder & CEO - Mobilityways Lewis Evans – Customer Success Manager - Royal Mail Ben Bhattal -Business Development Director - Royal Mail Fiona Hamilton – Head of Public Affairs, Royal Mail Rt Hon Jessa Norman, Minister of Decarbonisation & Technology - Department for Transport Liz Allister – Real Estate and Customer Experience Director - Prologis John Slingsby – CFO - Zeelo Steve haddock – Real Estate & Customer Experience Director – Prologis Sandy Bhamra – DIRFT Park Manager - Prologis About Mobilityways: Mobilityways is a climate tech firm on a mission to make zero carbon commuting a reality. It supports employers in meeting their Net Zero goals with its suite of climate tech tools. These tools enable companies to measure, reduce and report their commuter emissions, providing full visibility of commuting challenges and identifying sustainable travel alternatives for employees. Mobilityways already works with over 700 companies. It also operates a highly successful car sharing platform called Liftshare which is now the UK’s leading car share provider. Liftshare has been running for 25 years and was the original name of the group before it was renamed Mobilityways at the start of this year. For further information about Mobilityways, please contact: Jack Goddard, Senior Marketing Executive at Mobilityways. Email: Jack.Goddard@mobilityways.com Contact Details Agility PR Miles Clayton +44 7799 063398 miles@agilitypr.co.uk

June 20, 2023 08:47 AM Eastern Daylight Time

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“VASP Licensing Regime & Industry Best Practices” exclusive event hosted by ChainUp & Alibaba Cloud - Hong Kong

ChainUp

Hong Kong – 16 th June 2023 – ChainUp a global blockchain technology service provider & Alibaba Cloud hosted an exclusive event on latest Virtual Asset Service Provider (VASP) Licensing Regime & industry best practices in Hong Kong. Amidst the growing significance of regulatory compliance within the blockchain and cryptocurrency industry, the event offered attendees valuable and comprehensive insights into effectively tackling the challenges and capitalizing on the opportunities encountered by VASPs operating not only in Hong Kong but also in global markets. The event took place on 16 th June 2023 at Time Square - Causeway Bay, Hong Kong. Industry experts, leaders and regulatory authorities discussed key topics and shared their insights to navigate the evolving landscape of virtual asset services. Mr. Michael Gao, ChainUp – HK CEO & Head of Sales (Global) spoke about “The Technological Bridge to Regulated Virtual Assets Exchange in Hong Kong”. He highlighted on the recent Hong Kong Securities and Futures Commission’s new licensing regime which came into effect from 1 st June 2023 and requirements for centralized virtual asset trading platforms (VA trading platforms) to trade non-security tokens. He said “In traditional finance, banks use KYC (Know Your Customer) to verify the identity of customers. But in blockchain network we need to understand whether a particular token has any risk. Hence KYT (Know Your Transaction) is used to monitor and analyse digital asset transactions to identify potential risks and comply with regulations. We see there's a strong demand on this and we help our customers by integrating the required compliant solutions into the exchanges built” The event covered various aspects of the VASP Licensing Regime, including: Regulatory framework overview in Hong Kong Key requirements for obtaining a VASP license Best practices for compliance, security and risk management ChainUp, a global provider of comprehensive blockchain technology solutions help customers build efficient and compliant digital asset solutions that align with the latest industry standards. With ChainUp’s extensive suite of services, empowers businesses to navigate the complexities of digital asset landscape and build robust solutions. Aligned with latest licensing regime of Hong Kong, the implementation of KYT/AML solutions becomes imperative for digital asset transactions. ChainUp's product "ChainEyes KYT" focusing on blockchain risk control and compliance services offers a comprehensive solution to address these regulatory requirements effectively. About ChainUp Group Founded in 2017, ChainUp is a leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange systems, NFT trading systems, wallet solutions, liquidity solutions, and digital assets custody and management. Headquartered in Singapore and with offices around the world, the company has served more than 1,000 clients in 30 countries, reaching over 60 million end-users. For more information, please visit: www.chainup.com. Contact Details ChainUp Media Team pressrelease@chainup.com Company Website https://www.chainup.com/

June 19, 2023 10:38 PM Eastern Daylight Time

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News Release

RocketFuel CEO shares the power of blockchain technology beyond SEC lawsuits on crypto exchanges

RocketFuel Blockchain

RocketFuel Payment Solutions CEO Peter Jensen joins Natalie Stoberman to share his take on the American crypto industry, from the SEC's crackdown on crypto exchanges to the health of blockchain and cryptocurrency technology in the US and how RocketFuel is positioned during this SEC shakedown. RocketFuel is a global payments processing company offering highly efficient 1-click check-out solutions using Bitcoin, other Cryptocurrencies and Bank transfers to eCommerce merchants and their customers. The RocketFuel blockchain payment technologies are designed to focus on making the check-out experience frictionless and at the same time enhance security and the ease of use. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

June 16, 2023 12:40 PM Eastern Daylight Time

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News Release

Everything Blockchain explains how blockchain solutions benefit data privacy and storage

Everything Blockchain

Everything Blockchain CEO Toney Jennings joins Proactive's Natalie Stoberman to share how the company focuses on private, highly distributed and fast blockchain solutions for storing and managing large datasets as it transitions from a crypto-focused company to a business-to-business software technology platform. Everything Blockchain ensures organizations have access to the tools and platforms that enable them to manage, store and protect data without the cost and complexity that holds them back today. The company's patented advances in engineering deliver the essential elements needed for real-world business use from speed to security and efficiency. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

June 16, 2023 12:15 PM Eastern Daylight Time

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OPPO Announces Last Call for Proposals to the 2023 Inspiration Challenge at VivaTech 2023

OPPO

PARIS, FRANCE - Media OutReach - 16 June 2023 - Viva Technology – the biggest startup and tech event in Europe, which brings together business leaders, startups and investors each year –took place over four days from June 14. OPPO returned for the second consecutive year to announce the final call for entries to the 2023 OPPO Inspiration Challenge and showcase some of the success stories from last year’s inaugural Inspiration Challenge. VivaTech 2023 During the event, OPPO Technology Strategic Planning Expert, Rabinovich Adi, delivered a speech on how technology can be used to create a better future for all. He also introduced the latest updates from the 2023 OPPO Inspiration challenge and invited a number of technology startups specializing in sustainability and accessible technology to demonstrate their innovations at the show. “The overwhelming response to the first OPPO Inspiration Challenge last year showed us the great potential and possibilities for Virtuous Innovation in startups,” said Adi. “For the second Inspiration Challenge this year, we have introduced two new entry categories focusing on Inspiration for People and Inspiration for the Planet. Improving health and the environment are shared goals of everyone on this planet. By combining our own resources with the ingenuity of the start-up community, we hope that we can use innovation to lead real changes in these two crucial areas.” Rabinovich Adi, OPPO Technology Strategic Planning Expert OPPO Empowers Last Year's Inspiration Challenge Winners to Turn Inspiration into Impact A total of 536 proposals from 39 countries and regions around the world were submitted to the 2022 Inspiration Challenge. Of these, OPPO has since gone on to support 18 teams to further implement their ideas. At this year’s VivaTech, OPPO invited the winner of last year's Inspiration Challenge, Alango Technologies, and the Europe & Israel Regional Challenge winner, Sign Now, to share their experiences participating in the 2022 Inspiration Challenge. Alango Technologies, a leader in the field of digital sound enhancement technologies for voice communication and immersive audio experiences across real-life scenarios, won last year’s OPPO Innovation Challenge with their proposal, BeHear line of concept consumer electronics products. This visionary hearing solution seamlessly integrates Bluetooth earpieces with state-of-the-art digital audio algorithms, delivering a range of exceptional assistive hearing devices that redefine the hearing-impaired users’ experience across diverse real-life scenarios. Dr. Alexander Goldin, Founder and CEO of Alango Technologies, expressed immense pride in claiming the title of the 2022 Inspiration Challenge winner, stating, "Winning the competition was an exceptional moment for us." He further added, "Since our victory, we have enjoyed a fruitful collaboration with OPPO, joining forces to create a captivating promotional video. Moreover, we have utilized the prize money to refine our algorithms and expand the scope of our applications. Participating in the OPPO Inspiration Challenge proved to be a rewarding journey, allowing us to forge a close partnership with one of the world's top consumer technology companies and seamlessly integrate our innovative solutions into mainstream electronic devices." Dr. Alexander Goldin, Founder and CEO of Alango Technologies “Taking part in the Inspiration Challenge has helped us to raise our profile at the global level,” said Hila Almog, Head of Community of Sign Now. “After winning the regional competition, we received a lot of media coverage and now have the opportunity to share our innovations here at VivaTech. By providing on-demand sign language interpretation through real-time video calls, our app serves as a bridge between the deaf community and service providers. Together with OPPO’s support and influence, we hope to improve accessibility and create equal opportunities for the deaf community.” Hila Almog, Head of Community of Sign Now, speaking with sign language The Startups Working with OPPO to Build a Better Future with Technology With the startup community being the source of some of the world’s most cutting-edge innovation, OPPO invited SolCold — a world leader in outdoor cooling coatings research and development — to share their experiences in innovation at VivaTech. “Given the pressing issue of global warming, where the sun’s heat cannot be dissipated by our planet, our innovative solution can achieve outdoor cooling with zero carbon emissions by reflecting, converting, and releasing heat,” said Yaron Shenhav, CEO and Co-founder of SolCold. “Together with OPPO, we are now working on discovering additional uses for this innovative coating on mobile devices.” Yaron Shenhav, CEO and Co-founder of SolCold In addition to giving a broader platform for startups to share their ideas, OPPO also takes the opportunity at VivaTech to share more about its own mission to create a better future for all. Through the annual Inspiration Challenge, OPPO is driving virtuous innovation by empowering technology professionals around the world to develop new solutions for people and the planet. Last Call for Entries to the 2023 OPPO Inspiration Challenge VivaTech 2023 is also the final stop in the recruitment stage for this year’s OPPO Inspiration Challenge. Many promising proposals covering new technologies and concepts have already been received since entries opened for the 2023 Challenge in May, and many more proposals are expected over the coming weeks as the submission period enters its final phase. The deadline for submitting proposals is June 30, 2023. Applicants will be assigned to one of three regional challenges and the top five teams from each region will progress to the final global event. A total of 5 teams will be selected as global winners of the 2023 OPPO Inspiration Challenge, each of whom will receive a US$50,000 (pre-tax) grant, as well as potential partnership and funding opportunities from OPPO and its partners. To learn more about the OPPO Inspiration Challenge and submit a proposal, please visit the official website at 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/

June 16, 2023 09:30 AM Eastern Daylight Time

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Claravine Acquires AI-Powered Content Classification Company Netra

Claravine

Claravine, The Data Standards Company, has acquired Netra, Inc, a content classification company powered by artificial intelligence. With the addition of Netra, Claravine’s platform, The Data Standards Cloud, is able to analyze, extract and search metadata from videos and images, adding to Claravine’s core strengths of standardizing data at the source and producing high quality and actionable data that is ready for use and analysis upon creation. This latest acquisition supports Claravine’s goal of taking the drama out of marketing data by putting AI in the hands of marketing teams for data classification across text, creative, audio, and video assets - which are growing dramatically with the rise of generative AI platforms. Founded by MIT alumni and born out of MIT Computer Science & Artificial Intelligence Laboratory research, Netra is a Boston-based automated content comprehension platform that provides context and brand safety for video and image-based content using computer vision and artificial intelligence. Netra offers a series of APIs – including Content, Search & Similarity, Livestream and Creative – to data scientists, developers and product teams to unlock the intelligence within video, image, and text content and systematically provision a consistent data taxonomy across a business's multiple use cases. Netra's customers include online video platforms, SSPs, media owners, CTV vendors, Data and AI platforms. “The rapid adoption of AI solutions like OpenAI or Adobe Firefly is accelerating the creation of digital experiences. This explosion of digital assets and creative is creating significant challenges for operations teams – meaning the metadata is often not being categorized in a standardized way which limits the time to leverage data for decisions,” said Verl Allen, CEO of Claravine. "We are excited to accelerate the automation of data standards for marketing, operations and creative teams with Netra’s AI content engine. Our common goal of helping create a shared understanding of data is only possible by being able to control your data standards across the teams and various technology systems. We are also thrilled to welcome Netra’s team to the Claravine family and apply their ingenuity and expertise to advance our platform, The Data Standards Cloud, via AI and automation.” Claravine empowers a proactive approach to marketing measurement by activating data standards across people and technology – bridging the silos to accelerate business decisions across experiences. Used by Fortune 1000 companies such as Carhartt and Under Armour, Claravine’s collaborative user interface and strategic integrations with top marketing and advertising platforms enables global organizations to define, apply and connect standards across their ecosystem for faster decisions, greater agility and increased return-on-investment for their digital advertising dollars. “We’re excited for the opportunity to work alongside Claravine’s expert team of data integrity pioneers and advance their mission of taking the drama out of data and applying data standards at the source of creation. Our ability to integrate the Netra capabilities into The Data Standards Cloud enables teams to more easily solve key data quality challenges. AI and automation have a big role to play, and the Netra team is eager to assist in growing Claravine’s product offering and further expanding Netra’s products and capabilities,” said Amit Phansalkar, CEO at Netra. About Claravine Claravine is The Data Standards Company aiming to give people, teams and technology a shared understanding of their data. Claravine helps brands and agencies deliver on the promise of modern marketing by standardizing taxonomies, naming conventions, and metadata across all digital experiences at the source of data creation. The Data Standards Cloud empowers a proactive approach to marketing metadata naming conventions and taxonomy for fast, accurate and rich business insights that help deliver the experiences customers want. Claravine partners with a quarter of the Fortune 100 to define, apply and connect standards across their ecosystem for faster decisions, greater agility, and increased ROI. Recently, Claravine has been named for the second consecutive time to AdExchanger’s Programmatic Power Players list, as well as awarded the 2022 AdExchanger Award for Best Data Technology. Claravine was also named a cool vendor in the 2022 Gartner Cool Vendors in Marketing Data and Analytics report. For more information, visit www.claravine.com. Contact Details Kite Hill PR Michael Kocher +1 704-960-2295 michael@kitehillpr.com Company Website https://www.claravine.com/

June 16, 2023 08:00 AM Eastern Daylight Time

I-ON and Instruxi Revolutionize Gold Digitization and Securitization at Chainlink Spring 2023 Hackathon

I-ON Digital Corp.

I-ON Digital Corp. (OTC: IONI) was recently chosen by UK-based development partner Instruxi Limited as the focal point for its submission in this year's prestigious Chainlink Spring 2023 Hackathon, choosing I-ON 's "fractional ownership of unrefined gold claims" framework to showcase a real-world commercial example of leveraging state-of-the-art blockchain and distributed data warehousing technologies to disrupt and evolve the conventional gold and precious metals marketplace. I-ON ’s business model will allow claim holders to monetize in situ gold (in-ground or unrefined gold) by converting their fully validated gold claims into secure and efficient gold-backed securities, offering liquidity without extracting, mining, or smelting the gold. The team at I-ON pioneered this model several years back by achieving groundbreaking advances in the institutional acceptance of asset-backed digital securities by establishing a global custody interface and creating standards for independent financial and transactional reporting backed by expert legal opinion. Their efforts helped launch the then-nascent asset digitization marketplace while addressing the relative needs of investors, institutional partners, and regulators alike. To build on these accomplishments, I-ON turned to Instruxi to craft a technical approach to digitizing gold reserves by tokenizing them, utilizing state-of-the-art blockchain and Smart Contract technology, then converting them into digital securities that enable institutional investors to buy fractionalized ownership of gold claims, at the "proven reserves" level, through ERC20 tokens. "Five years ago, we set out to change the gold and precious metals marketplace by creating a regulatory-compliant digital asset ecosystem that would allow gold claim holders to monetize unrefined but proven Gold Reserves," shared I-ON CEO Carlos X. Montoya. "To build on a series of 'firsts' that we initially achieved, including meeting the requirements of larger institutions and other US and global tier-one intermediaries, we asked the team at Instruxi and their collaborative partners to help us scale and optimize our ecosystem to provide secure movement, transfer, settlement and, where applicable, hypothecation of our asset-backed digital securities. Together, what we've created is significant." This resulting gold tokenization process represents a groundbreaking innovation in the traditional gold and precious metals marketplace, enabling claim holders to unlock the value of their proven reserves while minimizing the environmental impact and cost of conventional forms of gold mining, including strip mining and other forms of extraction. I-ON 's partnership with Instruxi showcases the power and potential of integrating best-in-class emerging DeFi technologies to drive meaningful commercial change in the precious metals and commodities industry. "To enable I-ON's vision, we needed to create a secure, robust, and hyper-scalable infrastructure that could support asset digitization and tokenization so we could fractionalize the ownership of gold and other assets." explains Instruxi CTO Austin Przybysz, "Smart contracts, Chainlink 's secure communication, and Space and Time 's decentralized data warehouses allowed us to deliver the advanced auditing capabilities, scalability, and robust security that I-ON required for their institutional-grade framework." Through its development partnership with Instruxi, I-ON is pioneering the future of asset-backed securities and the trading and hypothecation of fractionalized gold ownership and other emerging digitized asset classes. Their collaborative effort lays the foundation for a more accessible, trust-driven, and compliant financial ecosystem that could play an integral role in shaping the future of decentralized finance, tokenized assets, and digital securities. All while providing a more sustainable and environmentally friendly way to monetize precious metal reserves without damaging or destroying Mother Earth. More information about the Chainlink Spring 2023 Hackathon can be found at https://chain.link/hackathon. More details about I-ON and Instruxi 's Hackathon submission can be found at https://devpost.com/software/instruxi. About Instruxi Limited. Instruxi is a web 3.0 company focused on helping clients with hyper-scale data availability. Instruxi enables secure and universal data sharing, facilitating clients' analytics and AI projects and building apps and dApps. The Company has accomplished this through tokenizing data and our unique distributed data protocol, Proof of Policy. In addition, Instruxi offers a data mesh toolkit called Neutrino Mesh and builds validator infrastructure to support this offering on private blockchains. By deploying our solutions, enterprises can seamlessly connect web 2.0 and 3.0 technologies, enabling universal data access and participation in the emerging data economy. Additional information is available at https://instruxi.io. About I-ON Digital Corp I-ON Digital Corp. (OTC: IONI) is a pioneering force in the asset digitization and securitization landscape. It is developing and acquiring cutting-edge technologies to provide an institutional-grade ecosystem for creating and distributing digital securities and next-generation financial assets, using blockchain technology as its underlying infrastructure. This provides a secure, fast, transparent framework for trading newly emerging asset classes. With its proprietary technologies and deep expertise in asset digitization, I-ON stands at the forefront of this rapidly evolving sector. The potential for digital securities powered by blockchain technology is immense. I-ON is unlocking the full power of this new technology, paving the way for a more secure, trusted, and efficient asset transfer and exchange. Additional information is available at https://iondigitalcorp.com/. Forward-Looking Statements This news release contains forward-looking statements involving risks and uncertainties, which may cause results to differ materially from the statements made. When used in this document, the words "may," "would," "could," "will," "intend," "look to," plan," "anticipate," "believe," "estimate," "expect," "seek," "potential," "outlook," and similar expressions are intended to identify forward-looking statements. Such statements, including, but not limited to, I-ON's current views with respect to future events and its financial forecasts, are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including those risks described from time to time in filings made by I-ON with the Securities and Exchange Commission. In addition, there is uncertainty about the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company's operations, the demand for the Company's products, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the Company's filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. Statements in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue. I-ON does not intend or assume any obligation to update these forward-looking statements other than as required by law. Contact Details I-ON Digital Corp. (OTC: IONI) Ken Park +1 866-440-2278 IR@iondigitalcorp.com Company Website https://iondigitalcorp.com

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