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ENEOS Oil returns to 100th Pikes Peak Race with Tesla Model 3

ENEOS

The 100th running of the 2022 Pikes Peak International Hill Climb on June 26 will mark the fourth year ENEOS has supported the race efforts of Evasive Motorsports and driver Daijiro Yoshihara. ENEOS is Japan’s largest oil company and supplier of motor oil and transmission fluids to the majority of Asian vehicle manufacturers. Through its relationship with the car makers, it introduced an EV Fluid Series last year, which is designed to optimize the efficiency and performance of electric vehicles. And while it might appear unusual for an oil company established in 1888 to compete in the “Race to the Clouds” with a Tesla, it reflects the transition the company is making as transportation evolves. TESLA MODEL 3 In 2019 and 2020, Evasive Motorsports entered an ENEOS-supported 900-horsepower turbocharged Toyota 86 in the Pikes Peak International Hill Climb (PPIHC), which won the Unlimited Class at the second time of asking. However, the team made a radical shift in 2021, abandoning its proven race winner for a Tesla Model 3 Performance. Mike Chang at Evasive Motorsports in Cerritos, CA could see the market changing and knew it was time to embrace the future. But for a racing team and vehicle preparation specialist like Evasive, the Tesla Model 3 presented a number of challenges. In the past, a modified Toyota 2JZ turbo engine allowed them to compensate for the reduced air pressure on the climb to the 14,115ft finish line at the Pikes Peak hill climb. Unable to modify the electric motors in the Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak race car, the team needed to make other changes to prepare for the 12.42-mile sprint, which climbs 4724 feet. With the “Race to the Clouds” incorporating 156 turns, emphasis was placed on the chassis to maintain speed through the corners. New for 2022 are Yokohama slick racing tires. Fitted to prototype 18” Titan wheels, they have EVS discs on the rear to aid cooling for the Brembo Pista brakes. The suspension utilizes advanced KW coilover dampers that allow significant adjustment in compression, rebound and ride height to ensure the tires remain in contact with the road. Sourcing parts for the car was a challenge as very few people have attempted to race the Model 3, yet Evasive was able to find or fabricate new suspension arms, spherical links and joints as well as a new front sway bar. Full details are in the specifications below. Another important aspect was air management, both in terms of aerodynamic downforce and battery cooling. Among the most notable additions are the wider, carbon fiber Artisan Spirits fenders, which accommodate the slick tires and allow a wider track for stability. The Voltex rear wing on the tailgate is also tough to miss; increasing downforce over the rear wheels and working in harmony with the Evasive carbon fiber front splitter and rear diffuser. To improve cooling, airflow and mass, Evasive created a carbon fiber front bumper and vented hood under its EVS Tuning brand to help ensure the motors and batteries don’t overheat. EVS carbon fiber doors, roof, tailgate and rear window were added to further reduce weight, giving the batteries less to haul up the hill. In addition to the vented hood and large duct in the front bumper, cooling has been addressed with rear inlet ducts, a CSF radiator and oil cooler, a NO2 (nitrogen dioxide) sprayer that’s triggered when a preset temperature is reached. For 2022, an EVS Tuning Dual Chiller has been added to keep everything running at the optimum level. The original Tesla electric motors remain in place and Evasive added a Quaife ATB rear differential to help power distribution when Yoshihara exits the 156 turns. “Our first attempt at Pikes Peak with the Tesla in 2021 ended prematurely with a technical problem we were unable to trigger in testing,” Mike Chang from Evasive Motorsports explained. “It’s very difficult to replicate the conditions and load on the vehicle during testing, especially with a new car that presented us with a steep learning curve. However, we’ve worked continuously to address all the areas we can improve and have got a much better understanding of the Tesla Model 3’s strengths and weaknesses. We’re confident the car will be a genuine contender in this year’s Exhibition Class.” In the absence of a dedicated competition class for electric vehicles at PPIHC, the Tesla and other EVs currently compete together in the Exhibition Class. ENEOS EV TECHNOLOGY For its part, the engineers and chemists at ENEOS see the 2022 PPIHC as an opportunity to prove and promote its new EV Fluid Series. The line of dedicated EV fluids has been developed by the same experts who work alongside the majority of leading car makers in Japan and Asia. Currently, ENEOS personnel are working directly with the vehicle manufacturers to create the latest lubricants, continuously improving vehicle efficiency through reduced friction, lower emissions, improved fuel consumption and greater durability. And as the future of automotive development looks towards electric vehicles, ENEOS tasked its development teams to look at alternative fuel vehicle concepts, particularly in terms of lubrication and cooling. The new ENEOS EV Fluid Series is designed specifically to help the world’s EV manufacturers improve vehicle efficiency. It will also be offered in the future to help improve efficiency during routine maintenance, offering a superior alternative to current lubrication and cooling products. The Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak race car is a partner in the development of the new ENEOS EV Fluid Series. Its performance during testing and at the race itself will be closely monitored. Driven under the harshest conditions, the race car will allow the engineers to measure the improvements in terms of lower friction and improved cooling, leading to greater performance and durability on the arduous PPIHC. “We’re excited to return to Pikes Peak with the Tesla Model 3,” said Keisuke Yokochi Yokochi, Chief Marketing Officer for ENEOS USA. “We’re confident Evasive Motorsports has built an incredible race car and know Dai is among the top drivers in the world. Lubricated and cooled by our advanced EV Fluid Series, we’re sure the team has its best chance of winning its class and setting a new record for electric vehicles this year!” DAI YOSHIHARA Having a well prepared, competitive car with the best lubricants and cooling fluids is essential for success, but perhaps the most important element in the ENEOS assault on the 2022 PPIHC is the driver. And for the fourth year in succession, the man behind the wheel is Daijiro Yoshihara; one of the most skilled and adaptable pilots in the world. Although he retired from the Formula DRIFT PRO Championship last year, the 2011 FD Champion was universally recognized as one of the most talented drivers in the series. He’s also a 2020 PPIHC class winner, Time Attack Champion, accomplished GT racer, driver instructor and much more. After Dai has succeeded in every discipline he’s encountered, the Japanese driver will be venturing onto dirt to discover whether he can adapt to truck racing over the next 12 months. And ENEOS will be on his race suit and at his side as we continue to support him for a sixth year of competition. The relationship between ENEOS and Dai goes back a long way. In fact, the Japanese teenager worked at an ENEOS gas station as he started to explore his automotive passion. So, it was only natural we’d come together to continue the journey. The partnership between ENEOS and Dai will look very different in 2022. Rather than focusing on Formula DRIFT, the year’s activities are headlined by the “Race to the Clouds” at the wheel of the Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak. But that’s just the start. ENEOS will also support Dai and Turn 14 Distribution in its Drift Ride Along program, which will allow fans to sit beside Dai as he demonstrates the savage art of drift in his 1000hp Subaru BRZ, which has been refreshed and rebuilt after its punishing competition career. Dai and the BRZ will be appearing at a number of major events throughout the year, and fans who follow ENEOS social media can enter to win a “Ride with Dai.” Additionally, Dai will be making personal appearances in the ENEOS booth at various enthusiast events around the country. The program has already begun and fans should follow ENEOS social media for updates. If you can’t attend in person, don’t worry because Dai is working on a number of exclusive ENEOS videos, which will show fans behind the scenes and keep up with his latest activities. If that’s not enough, ENEOS and Dai are also working together on a SEMA project car, which will be a big departure from some of the incredible machines he’s built to date. “I’m extremely grateful to have the continued support of ENEOS,” Dai told us. “Having worked from the company in Japan, they definitely feel like family at this point. And I’m especially grateful that they wanted to embark on this adventure as I explore new horizons beyond Formula DRIFT. It’s definitely going to be an exciting year and I can’t wait to share it with everybody!” TECHNICAL SPECIFICATIONS Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak Motor / Battery Cooling: CSF Radiators radiator / oil cooler, NO2 (nitrogen dioxide) sprayer, custom hood vent and rear inlet ducts, EVS Tuning Dual Chiller Suspension / Chassis: KW Competition 3 Way coilover suspension, SPL Suspension spherical links, Evasive Motorsports spherical joints and custom front sway bar, MPP front upper A-arms and rear lower arms, Quaife ATB rear differential in modified frame, air jack lift system Wheels / Tires / Brakes: Prototype 18x11” Titan 7 T-P5 forged wheels with Evasive Motorsports rear aero covers, 280/680-18 Yokohama slicks, Brembo Pista racing front brake kit, custom Brembo GTS rear brakes, CSG brake pads, Evasive Motorsports electronic E-brake system Exterior: Artisan Spirits widebody fenders plus carbon fiber aero kit, Evasive Motorsports custom honeycomb carbon splitter and rear diffuser, EVS Tuning front bumper, carbon fiber vented hood and headlight covers, Voltex dry carbon Type 13 1800mm GT rear wing, Evasive Motorsports carbon fiber doors, roof, rear windshield, trunk lid and front air duct, Lexan windows Interior / Safety: Evasive Motorsports FIA-spec rollcage, Evasive Motorsports carbon fiber dashboard, Motec C127 Datalogger/dash display, Sparco carbon/Kevlar QRT-K racing bucket seat, six-point harnesses and steering wheel EDITOR’S NOTE Additional images of the Turn 14 Distribution / Yokohama Tire / ENEOS / Evasive Motorsports Tesla Model 3 Pikes Peak for editorial use are available here: dropbox.com/sh/o8oulhpjwu4q1mn/AADoqpaWNM0xk0ff0hGH6Dgfa?dl=0 You can view or share the Dai Yoshihara: Generations video here: youtu.be/NCJSdk36Bgc ABOUT EVASIVE MOTORSPORTS Established in 2002 and based in Southern California, Evasive Motorsports has been dedicated to the best quality performance parts at very competitive prices. With years of experience in the aftermarket automotive industry, our staff is knowledgeable about the products we sell. We also aim to provide the best customer service possible. Evasive focuses on vehicle balance, not solely on horsepower, as reflected by the wide variety of brands and specific areas of functionality offered on the website. Evasive Motorsports also offers race preparation, wheel alignment, corner balancing, suspension installation and tuning, and general maintenance. The company has track-tested an extensive range of parts, so don’t hesitate to call if you’re looking for recommendations. For more information visit evasivemotorsports.com ABOUT ENEOS Established in 1888 and headquartered in Tokyo, ENEOS is Japan’s largest oil company, with manufacturing and sales facilities throughout the world. With a unique position in its home market, ENEOS has worked with Asia’s automakers and leading race teams for decades, creating advanced lubricants with their vehicle engineers to provide optimum fuel economy with maximum power and long-term protection. ENEOS also recently announced a new line of products for future electric vehicle applications, helping to ensure the newest EV technology is operating as efficiently as possible. For more information, please visit eneos.us Contact Details Satomi Yamashita media@eneos.us Greg Emmerson greg@theidagency.com Company Website https://www.eneos.us

June 21, 2022 06:15 AM Pacific Daylight Time

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DistroTV Adds 120 New Channels, Citing Impressive Channel Growth of 87% YoY, and Launches New Regional Channel Bundles to Continue Global Content Expansion as FAST Market Heats Up

DistroTV

DistroTV, the nation’s largest, independent, free, ad-supported streaming TV (FAST) platform, today announced it has added 120 new channels to expand its core content categories, across news, media & entertainment, sports, and lifestyle. This in addition to growing its multicultural content line-up, to include new channel offerings to cater to English, Southeast Asian / Indian, and Spanish-speaking audiences, as well as a new bundle of channel content targeting the African community. This brings the DistroTV total channel library to more than 270, with DistroTV now available in more than 60 markets through its apps on streaming devices and smart TVs, as well as worldwide through distro.tv on the web. The company continues its rapid global expansion, empowering media companies to break down content barriers and bring diverse and independent content to our global viewers, wherever they may be watching, amidst an evolving free, ad-supported streaming TV (FAST) market. Through DistroTV’s easy-to-use interface, viewers can instantly watch their favorite channels and shows, with no registration, sign-up, or fees required. “The FAST market is on an incredible and steep upward growth trajectory, with even paid streaming platforms now understanding that if they do not embrace and ride this wave, they’ll get left behind,” said Navdeep Saini, co-founder and CEO of DistroScale, parent company of DistroTV. “At DistroTV, we’ve long been on a mission to break down barriers to entry and provide free TV for global audiences who want and deserve access to free, engaging programming across a range of cultures and languages. If our growth figures are any indication, we’re well on our way to accomplishing our goals, and we have no plans of slowing down.” Key highlights include: An impressive wave of new channels available to stream for free that appeal to DistroTV’s core US, UK, and Canadian audiences which includes a total of: 45 sports channels, doubling the initial channel count to include the most diverse collection of live & linear mainstream sports, combat sports, niche sports and outdoors channels, like beIN SPORTS Xtra, Swerve Sports, IMPACT Wrestling Channel, FightNetwork, ACL Cornhole, MotoAmerica TV and FuelTV. 13 documentary channels, with notable new additions including Goalcast, Beautiful Planet, and True History. Notable new additions to the entertainment & lifestyle category, including AXS TV Now, Heritage+, Planet Eat, and the return of Canadian foodie favorite, GustoTV. A total of 21 Spanish-language channels available in North America, such as Casa Comedy and Spanglish to the existing bundle of entertainment, documentaries, news and sports channels launched earlier this year, for a total of 25 Spanish-speaking channels globally. DistroTV Español is aimed at speakers in the U.S., as well as in Latin America and included the platform’s premiere of its first original movie, Escándalo Secreto: En Plena Cuarentena, which has seen impressive adoption across all LatAm audiences, both in the US and Latin American markets. The expansion of free-to-stream Indian channel content through DistroTV Desi; the bundle doubled since launch from 15 channels to 36 live streaming channels, featuring new additions such as ABP, Bollywood Prime, Epic, FOODFOOD by renowned chef Sanjeev Kapoor, Desi TV, and more. The addition of these channel bundles will bring even more viewing access and content options to a multicultural Spanish speaking and South East Asian audience; The release of a new African channel bundle, DistroTV Africa, featuring 11 entertainment and music-oriented channels available to stream for free globally and available in countries such as Nigeria, South Africa, Kenya, Zimbabwe, and Tanzania, and in those countries’ native languages; Since its launch in 2019, DistroTV has taken note and delivered on the demand for growth concerning its breadth of content and global audience. The streaming platform continues to focus on building a robust global network that delivers news, entertainment, music, sports, and lifestyle programming to international audiences. To become a part of this international audience, visit https://www.distro.tv or install DistroTV on Roku, Amazon Fire TV, Apple TV, iOS or Android. About DistroTV DistroTV is the largest, independent, free, ad-supported streaming television service on the market. Launched in 2019 by parent company DistroScale, the platform caters to a multicultural, rapidly expanding, globally-minded audience of passionate viewers. Satisfying the growing demand for premium video content in multiple languages, DistroTV delivers premium video content from producers globally across North America, the UK, Bollywood, Latin America, China, Southeast Asia, and growing. With more than 200 channels plus thousands of Video on Demand (VOD) shows, DistroTV cultivates content that covers a broad spectrum of topics to connect with people’s passion points around Entertainment, Lifestyle, Sports, News, Documentaries and International Content in live, linear and video-on-demand formats. DistroTV is available to stream for free on the web, as well as through Roku, Amazon Fire TV, Apple TV, and iOS and Android devices. About DistroScale DistroTV is the first direct-to-consumer offering from DistroScale, a technology company founded in 2013 and known for providing a global clientele of thousands of media properties with the industry’s most comprehensive video platform for web, apps, and streaming. DistroScale is an all-in-one solution providing infrastructure, content delivery, curation, analytics and a full suite of monetization options. Video enabled by DistroScale reaches more than 250 million visitors per month. The company is headquartered in San Francisco, CA. To become a DistroTV viewer, visit www.distro.tv. More information on DistroScale & DistroTV is available at www.distroscale.com. Contact Details Mackenzie Gavel +1 631-739-5716 mackenzie@kitehillpr.com Company Website https://www.distro.tv

June 21, 2022 09:00 AM Eastern Daylight Time

ChainUp inks strategic partnership with asset and wealth management firm Bedrock

ChainUp

ChainUp Group, a blockchain technology solutions provider, today announced a strategic partnership with Singapore-based asset and wealth management firm Bedrock Trust Pte Ltd (“Bedrock”). This marks a significant first step in the collaboration between both firms to strengthen their core competencies and provide clients with comprehensive digital asset management solutions. Through the partnership, both firms have developed a number of digital asset management strategies including the IPFS Infrastructure Fund, Stable Returns Fund, Enhanced Beta and Venture Capital Fund. Headquartered in Singapore, ChainUp offers a complete suite of blockchain solutions for businesses in both traditional and blockchain-related industries. Its range of products and services includes infrastructure development and the provision of essential resources and technical capabilities to facilitate blockchain adoption and integration into business operations. As a Licenced Fund Management Company (LFMC) regulated by the Monetary Authority of Singapore, Bedrock provides clients with investment solutions tailored to their long-term requirements. The company holds a Capital Market Services (CMS) licence for the regulated activity of Fund Management under the Securities and Futures Act (SFA) as well as the status of Exempt Financial Advisor under the Financial Advisers Act (FAA). Mr. Jeff Mei, Chief Marketing Officer of ChainUp Group said, “The applications of blockchain are wide-ranging. Our partnership with Bedrock signifies a step in the right direction towards our goal of making blockchain technology more accessible to businesses in different industries. With Bedrock’s expertise in traditional finance, we look forward to bringing clients better digital asset management solutions through our collaboration.” Ms. Choo Shu Hui, Founder & CEO of Bedrock said, “Bedrock’s heritage lies in managing high net-worth clients’ wealth and assets within a multi-family office platform. As we continue to innovate and provide clients with portfolio resilience and diversity, we are pleased to leverage ChainUp’s expertise in blockchain technology through this partnership to bridge the world of digital asset management and traditional finance.” ---End--- 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 Group Xue Zhen Yeo xuezhen.yeo@chainup.com

June 21, 2022 09:00 AM Eastern Daylight Time

The Connected Devices Making a Splash this Summer

News Media Group, Inc.

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

June 21, 2022 08:00 AM Eastern Daylight Time

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Terrasmart Supplies Solar Carport for Chicago’s Largest Rooftop Solar System

Gibraltar Industries

Terrasmart, the renewable energy arm of Gibraltar Industries (Nasdaq: ROCK), has supplied its racking system for Chicago’s largest commercial solar installation. The rooftop and carport solar installations combined yield 213-kilowatt dc of solar generating capacity for the Chicago Urban League, one of the country’s oldest urban advocacy organizations for the advancement of African Americans. The system represents the League’s commitment to bring clean, renewable energy to Chicago’s South Side community. Terrasmart supplied the fixed-tilt racking system for the two surface-lot canopies that make up the 162-KW solar carport. Fully customizable with several structural and geometric design options, the Terrasmart carport produces solar energy while providing shade for Chicago Urban League visitors. Renewable Energy Evolution LLC developed, designed and installed the system. “We are excited about what this means for environmental justice across our communities in Chicago,” says project lead Andrew Wells, vice president of the Workforce Development Center at the Chicago Urban League. “Our project is bringing greater awareness, inclusion, and access to the clean energy economy for the people of the South Side.” The solar system highlights the Chicago Urban League’s commitment to advancing the community’s access to renewable energy. In 2017, the League launched two training programs in solar installation and PV sales through its Workforce Development Center program with solar incentives from Illinois For All. Its annual cohort of 75 trainees has access to renewable energy job fairs, held in partnership with organizations such as the Illinois Solar Energy Association, the Solar Energy Industries Association, and the Coalition for Community Solar Access. “We are honored to have played a part in such a monumental project,” says Terrasmart President Ed McKiernan. “Not only is this the largest PV commercial installation in the city of Chicago, but it's an important milestone in providing more equitable access to the solar economy. Terrasmart is proud to have partnered with the Chicago Urban League and Renewable Energy Evolution.” “Terrasmart went above and beyond on this milestone project,” says Brian Maillet, founder and CEO of Renewable Energy Evolution. “Their help in engineering, design, permitting and implementation of the city’s largest solar carport system was critical to the success of the project.” Wells and his team are adding two electric vehicle charging stations to the current system. He is also planning a new community solar farm to serve renters who want to lower their electricity bills. For more information on how to support the Chicago Urban League’s solar training program or to hire its NABCEP-certified talent, contact Andrew Wells at AWells@chiul.org. About TerrasmartTerrasmart, the renewable energy portfolio of Gibraltar Industries, Inc. (NASDAQ: ROCK), is a leading provider of solar racking technologies, electrical balance-of-system products, installation services, and project optimization software. Serving the commercial and utility sectors across North America, Terrasmart integrates products and solutions across the PV lifecycle to minimize risks and maximize returns. With over 19 GWs of solar deployed across 4600 PV systems, Terrasmart creates unique value for more profitable solar anywhere. For more please visit terrasmart.com. About Gibraltar Gibraltar is a leading manufacturer and provider of products and services for the renewable energy, residential, agtech, and infrastructure markets. Our purpose to make life better for people and the planet is fueled by advancing the disciplines of engineering, science, and technology. Gibraltar is innovating to shape critical markets in comfortable living, sustainable power, and productive growing throughout North America. For more please visit gibraltar1.com. Contact Details Terrasmart Ashleigh Kent akent@terrasmart.com Company Website https://www.terrasmart.com

June 21, 2022 07:00 AM Eastern Daylight Time

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Volatus Aerospace Introduces AERIEPORT, an Autonomous Remote Drone Nesting Station

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") proudly introduces its autonomous remote drone nesting solution AERIEPORT at the Annual Energy Drone & Robotics Summit in Houston, Texas. The AERIEPORT is an all-weather solution designed to operate remotely in extreme temperatures ranging from -67°F to +131°F. It features an onboard weather station, a 4 SIM, 5G, highspeed LTE connection with Satcom option, an integrated ground-based detect and avoid system, a mission planner and remote operations system. “The AERIEPORT is designed to facilitate remote missions from anywhere in the world at any time,” says Pedram Nowroozi, Chief Technology Officer of Volatus Aerospace. “It is a versatile, all-weather, remote system able to operate in any climate and completely off-grid if needed.” Rob Walker, Chief Operating Officer commented: “We’re super excited about the potential of the AERIEPORT for customers in agriculture, security, renewable energy, oil and gas, mining, and construction to name a few.” The AERIEPORT is designed to be drone agnostic. Volatus is currently seeking special approval from regulators to operate the AERIEPORT without the need for a visual observer. While there is no guarantee of such approval, the company has a high level of confidence. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

June 20, 2022 05:09 PM Eastern Daylight Time

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Spokane Natives Christy and Scott Johnson Buy 32-Year Business Plese Printing and Marketing, Rebrand as Minuteman Press – Spokane

Minuteman Press International Inc

Plese Printing & Marketing, which has been in business for 32 years and is independently owned by Kim Plese, has been sold to Spokane natives Christy and Scott Johnson. Christy and Scott have rebranded the business as Minuteman Press – Spokane and are operating out of the same location at 4201 E. Trent Ave. On the sale of her business, Kim Plese says, “I had no intention of selling my business as we were growing rapidly after the pandemic. Suddenly, my longtime production manager of 12 years had passed away and I was devastated. He was only 36 years-old at the time of his passing. When Minuteman Press Regional Vice President Chris Jutt contacted me, it happened to be two months later and I decided it was time to think about selling. I took his call seriously and we moved forward from there.” She continues, “My business was my ‘baby’ and it’s an emotional process to sell. Minuteman Press and Chris Jutt’s patience and understanding were enormous in guiding me during this time.” “Minuteman Press had qualified buyers (and Spokane natives) Christy and Scott Johnson ready to purchase a company like mine. I was able to transition out of the business with ease and there was little I had to do in regard to training. I am so grateful to Chris Jutt and Minuteman Press for making this happen for me. I am now able to transition to the next chapter of my career.” -Kim Plese, former owner, Plese Printing & Marketing (now Minuteman Press – Spokane) Spokane Natives Return Home to Realize Their Dream For Christy and Scott Johnson, buying a business in Spokane enables them to return to their hometown and be near family and friends. Christy says, “ We enjoy getting to know our customers many of whom are also small business owners. It’s wonderful to have the opportunity to support our customers and the many causes and entities that they represent. Scott is originally from Spokane and I grew up in Cusick. Buying this business has allowed us to move back to Spokane, which has been fantastic.” They chose to buy Plese Printing & Marketing and join the Minuteman Press franchise network so that they could hit the ground running with established business while also being fully supported and trained in the industry. Scott says, “We loved meeting with Kim Plese and learning how she built her business over the past 32 years. Minuteman Press has a program that connected us with Kim and helped us transition into ownership of the business. It’s a dream come true to buy this business and also receive training and support along the way.” Before buying the business, Scott worked as a Mechanical Engineer and Christy worked as an Accountant. Scott says, “I spent 24 years as a mechanical engineer working in semiconductor quality and reliability and building technical teams around the globe. Christy is an accountant and started in corporate America. Over the last decade, she has been working for small businesses filling many roles in Finance, HR, and Operations Management. She has broad experience working in and with small businesses.” He continues, "Several of my family members have owned successful businesses in Spokane so it seemed natural to take this step." “We are so excited to serve our customers in Spokane and the surrounding areas with the products and services they need to market, grow and operate their businesses. Our services include: Every Door Direct Mail, Variable Mail Service, Banners, Yard Signs, Business Cards, Product Labels, Rack Cards, Tri-Fold Brochures, Personalized Letterhead, Envelopes, 2 part & 3 part customized carbonless forms, Custom made to order spiral bound books, Self-Covering Booklets, and Promotional Products. We also offer solutions for branding your physical office space, such as customized wall wraps, window graphics, and Indoor and Outdoor Signage. We intend to add vehicle wraps in the future. The business we purchased already has the equipment, employees, and capability to do this work. Bring us your wish list and together we will make it happen!” -Scott Johnson, co-owner, Minuteman Press – Spokane When asked what he loves most about owning a business vs. having a job, Scott answers, “We love that we set our own schedule and that the time and the hard work we put in is for our own benefit. We have our own vision how we want to run our business as well as the internal workplace culture we like, and owning our own business allows us to make it what we want.” Reflections on the Purchase and Sale of the Business With the sale of Plese Printing & Marketing complete, Scott Johnson and Kim Plese reflect on their experiences as buyers and sellers, respectively. Scott Johnson says, “We had tried to purchase other small businesses in the past, but it’s daunting to evaluate and try to find a good fit. With Minuteman Press, there was someone available to help with the process, give advice, and answer questions. I would suggest doing a lot of research to find a good fit with your goals and expectations. The education process took many years for Christy and I and to find a good fit, and we found it with Minuteman Press – Spokane.” Kim Plese concludes: “ As the Owner/President of Plese Printing and Marketing in Spokane, Washington for over 32 years, I can say without hesitation that my experience with Minuteman Press and Chris Jutt, Regional Vice President PNW, has been amazing to say the least. I would highly recommend Minuteman Press to anyone who might be considering selling their independent printing business. The family-owned Minuteman Press business enterprise has 45 years of success in the printing industry. I was able to sell my business for a fair market price knowing that all my years of hard work was going into good hands. My entire staff stayed on after the sale and my customers are satisfied knowing that they have the great service and quality products they've known for years. I was able to transition out of the business with ease and now I am able to pursue a career in politics and run for an important seat as a County Commissioner for Spokane! I am so grateful to Chris Jutt for making this happen for me. It's been a complete pleasure from beginning to end.” Minuteman Press – Spokane (formerly Plese Printing & Marketing) is located at 4201 E. Trent Ave., Spokane, WA 99202. For more information, call Christy and Scott Johnson at 509-534-2355 or visit their website: https://minuteman.com/us/locations/wa/spokane/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. To find out how to sell your printing business through Minuteman Press International, visit https://bit.ly/minutemanpressconversions Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

June 20, 2022 10:00 AM Eastern Daylight Time

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Rider takes off with $3.1M seed round to courier Pakistan businesses in to 21st century

Rider

Rider, Pakistan’s first ever logistics start-up to be backed by YC, is building modern logistics for online sellers across the country. In doing so, the start-up has attracted the attention of investors and is today announcing a $3.1M funding with participation from YCombinator and new investors i2i Ventures, Flexport, Soma Capital and Rebel Fund. Existing investors Global Founders Capital, Fatima Gobi Ventures (FGV) and TPL E-ventures also joined the round which included notable angel Arash Ferdowsi (Dropbox Co-Founder). With this seed round, Rider has now raised a total of $5.4m since September 2021. Founded in 2019, Rider has been building a network of sorting hubs, urban delivery centers and a digitized fleet, offering online sellers in Pakistan a next-day ‘Amazon-like’ delivery service. The Rider platform offers route optimisation for delivery agents, live tracking and scheduling for buyers, and a highly digitized warehousing function for sellers. Rider is led by Salman Allana, a former UPS Pakistan exec and the core team consists of former Alibaba, Delivery Hero and Jumo executives. Since their pre-seed investment round in September 2021, monthly revenues have grown 110% and they have doubled the customer base to 650 online sellers. Rider has now successfully completed the delivery of over 3M parcels across 60 cities in Pakistan. Salman Allana, founder and CEO of Rider commented: “We set up Rider because we knew the traditional courier companies in Pakistan were not set up to service the e-commerce market and were failing to capture the online buying trend. The problem is huge, circa $1bn GMV is lost annually due to failed and slow deliveries, but the opportunity is even bigger than that - Pakistan is the 5th most populous country in the world with 70% smart phone enablement yet only 3% of retail sales are currently made online. We’re really excited about the market potential and the impact Rider is already having in supporting business growth across the country.” Rider has plans to enhance the ecommerce marketplace in Pakistan with solutions and infrastructure beyond logistics. Salman Allana added: “Retail is north of a $150B industry. Yet it is stuck in bricks and mortar. Through our platform, one mile at a time, we are enabling the industry to transform and get online and we will offer more in time to come. Moreover, we are opening the industry to more participants and changing the face of it. We are fully behind the mission to enable more than 1 million - primarily female-owned - Instagram/Facebook sellers to trade.” “Pakistan’s payment infrastructure is chasing the growth of ecommerce and logistics capabilities. Well over 95% of all ecommerce orders are cash-on-delivery (COD) which creates operational challenges for last mile and retailers. Rider is addressing this piece of the puzzle with our payment wallet through which we can reconcile work quickly and ensure sellers are reimbursed within hours”. On joining the investment round Kalsoom Lakhani, GP i2i Ventures said: "We are honored to be on this journey with Rider. As the e-commerce industry in Pakistan grows, so will the need for a next generation 3PL player that understands the Pakistani market realities and knows how to build both aggressively but also efficiently. We believe that this player is Rider and have so much conviction in Salman and his vision." Meanwhile, new investor Jared Heyman, Managing Partner, Rebel Fund commented: “Rider is Rebel Fund’s first investment in Pakistan and we’re excited to support their further growth. The company’s founding team and traction to date are impressive, and we believe the Pakistan market desperately needs a sophisticated technology-driven delivery service like Rider.” FGV’s General Partner Ali Mukhtar commented: “There is strong momentum in the ecommerce space in Pakistan, largely driven by the shift in consumer behavior with the increase in 3G/4G penetration across the country. With that, there is immense growth potential for last-mile champions such as Rider who are building the required infrastructure to enable growth in the ecommerce space. We believe in the Company’s tech-first approach and we’re excited to once again support Salman and his team at Rider.” Willem van den Bosch, Investor at SOMA Capital remarked: “We think Rider is uniquely positioned to capitalize on the expansion of eCommerce in Pakistan. Rider's core tech-forward product offering fixes legacy pitfalls that exist in the last-mile fulfillment market today - Rider's B2B2C offering fixes issues with delivery failures, lateness, and broken communication which have hampered expansion of eCommerce previously. We're extremely supportive of the Rider team's ability to execute and expand deeper into the full logistics product stack and continuing to enable eCommerce fulfillment in Pakistan and beyond” About Rider Founded in Karachi in 2019, Rider is a B2B2C service that delivers e-commerce products from online stores and marketplaces to the customers’ doorstep. Operational innovation is core to the team’s mission. Rider exists to continuously reimagine, redesign and rebuild operations that work for emerging markets. For more information please visit https://withrider.com/ or follow the company on: Twitter, LinkedIn, Facebook or Instagram. Contact Details Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://withrider.com/

June 20, 2022 09:00 AM Eastern Daylight Time

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OPPO Brings the OPPO Research Institute Innovation Accelerator to VivaTech 2022

OPPO

OPPO has joined up with three international startups to share its vision on the future of innovation with technology insiders at VivaTech 2022, as the call for entries for the OPPO Research Institute Innovation Accelerator reaches its closing stages. PARIS, FRANCE - Media OutReach – 17 June 2022 - OPPO today made its first-ever appearance at VivaTech 2022, Europe’s biggest startup and tech event. During the event, OPPO shared details of its ongoing OPPO Research Institute Innovation Accelerator program and introduced several technology startups working in the areas of accessible technology and digital health. As the company grows its presence in Europe, OPPO hopes to extend its collaboration with local technology startups and further unlock the potential of innovation to serve users worldwide. “We are living in in an ever-changing world and must face brand new challenges every day. But luckily, technology is also constantly evolving and there will be new solutions to new problems if we strive to find them. That’s why we host the OPPO Research Institute Innovation Accelerator programme. We hope to join hands with the startup community to solve the problems we are all facing with the power of technology,” said Ren Yan, Director of Open Innovation Europe, OPPO. OPPO joins with technology startups to share new experiences in ‘Virtuous Innovation’ At VivaTech 2022, OPPO shared its vision and experience in delivering ‘Virtuous Innovation’ with the audience of entrepreneurs and startups. One of OPPO’s core concerns has always been the accessibility of its products. To date, OPPO has made several breakthroughs in this area with the introduction of technologies designed specifically for elderly users and those with color vision deficiencies. OPPO’s Color Vision Enhancement technology is the first smartphone solution aimed at providing precise color-correction profiles for those with color vision deficiencies. Meanwhile, the addition of a senior-friendly mode in its ColorOS operating system makes phone operation easier for elderly users and further bridges the gap in the digital divide between certain user groups. OPPO also invited three technology startups to demonstrate their innovations at VivaTech 2022. Among the three startup guests, Owlytics and Leman Micro Devices shared their concepts for preventive healthcare technology. Gill Zaphrir, CEO and Co-Founder of Owlytics, said: "As the average age of populations around the world increases, the number of people at risk from Alzheimer's disease is also on the rise. Owlytics combines real-time health risk detection with predictive data analysis to help protect the elderly by providing more accurate fall prevention detection and early warnings. Through the OPPO Research Institute Innovation Accelerator, we hope to work with OPPO to improve the coverage of this technology and enable more people to benefit from it.” Zhao Fang, Vice President of Business Development at Leman Micro Devices, said: "Through the monitoring of blood pressure and other health indicators, Leman Micro Devices provides accurate preventive medical and health services that enable anyone to identify and reduce the onset and severity of potentially life-threatening health problems. Our belief is very much in line with OPPO’s concept of helping its product users develop healthy habits through preventive healthcare. By working more closely with OPPO, we hope to utilize OPPO’s smart devices to improve our health monitoring technology and make our solutions more accessible to a wider audience.” During the session, Malmö-based Crunchfish, who has previously worked with OPPO, introduced how its gesture interaction technology is being used in AR applications, including future potential AR solutions developed using OPPO technology. "Gesture control technology has the potential to unlock new digital experiences using AR/VR headsets and other smart devices,” said Joakim Nydemark, CEO and COO of Crunchfish, “In partnership with OPPO, we have already explored a wide range of applications of this technology and will continue to focus on providing more immersive gesture interaction features based on the cutting-edge AR technology provided by OPPO smart devices.” OPPO empowers local innovation with extended presence in Europe Since officially entering the market in 2018, Europe has gone on to become one of OPPO’s most important markets. With successive launches of new ground-breaking product lines, and its deep-rooted local operations and services, the OPPO brand has quickly built up a strong following on the continent. According to data from Canalys, OPPO was one of the best-performing smartphone brands in Europe in 2021, achieving 78% growth in smartphone shipments. Through its support of local startups at VivaTech 2022 and through the OPPO Research Institute Innovation Accelerator, OPPO is increasing its participation in Europe’s startups ecosystem and helping to further develop the market alongside its local partners. As Europe’s largest startups and technology event, VivaTech 2022 is also an important stop in the recruitment stage for this year’s OPPO Research Institute Innovation Accelerator. The Innovation Accelerator aims to attract proposals from around the world that leverage technology and ‘Virtuous Innovation’ to better serve people. Since announcing the OPPO Research Institute Innovation Accelerator in May, OPPO has already received many promising proposals covering new technologies and ideas, with many more proposals expected as the submission period enters its final few weeks. The OPPO Research Institute Innovation Accelerator was initiated by OPPO to further explore its brand value proposition of ‘Inspiration Ahead’. The program seeks innovative technological solutions from innovators, entrepreneurs, and startup teams focused on addressing problems in the areas of Accessible Technology and Digital Health. By working with likeminded innovators, OPPO hopes to use technology to create a better, smarter world for all. Following evaluation from an independent judging panel, OPPO will provide up to ten teams with a grant of $46,000 each, as well as further opportunities for investment opportunities, technical support, research and commercial partnerships, and promotion at global events. The deadline for submitting a proposal to this year’s OPPO Research Institute Innovation Accelerator is June 30, 2022. Following initial evaluation, selected entrants will be invited to take part in pre-roadshow and roadshow events in August, during which the public will be able to vote for their favorite ideas. To submit a proposal, take part in this year’s public vote, or to learn more details about the OPPO Research Institute Innovation Accelerator, 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

June 17, 2022 11:59 AM Eastern Daylight Time

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