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etaily lands $17.8M for commerce enablement platform powering global brands in Southeast Asia

etaily

The Southeast Asia (SEA) ecommerce market is growing rapidly and is projected to reach $230B (in gross merchandise value) by 2026. Helping brands around the world tap this opportunity, commerce platform enabler etaily is today announcing a $17.8M series A funding round as it scales its end-to-end ecommerce entry platform for brands to seamlessly engage audiences across SEA. The funding round was led by Chinese and Taiwanese PE firm SKS Capital and co-led by Singapore’s Pavilion Capital. Other investors are Japanese SBI ICCP Fund and Kaya Founders. The round also saw participation from the Magsaysay Family, Chan family, Foxmont Capital and JGDEV, the corporate venture capital arm of JG Summit Holdings. etaily’s cap-table also includes other renowned SEA retailers and conglomerates such as the Ayala Corporation, the Cheng family behind the department store chain Landmark, as well as renowned angel investors including Paulo Campos, former Co-Founder and CEO of Zalora and Anthony Oundijan, Managing Director and Senior Partner of Boston Consulting Group. Headquartered in the Philippines, etaily has quickly established itself as a pathway for brands seeking to sell their goods online across SEA. etaily is powered by a proprietary operating system for end-to-end commerce technology. etaily provides unique end-to-end distribution solutions in ecommerce and omnichannel, for global consumer brands in the region as well as its own brand portfolio. This ecosystem spans the entire customer journey, from development of lifestyle products through in-house branding capabilities to delivery to a local and regional customer base from etaily’s asset light warehouse network. Founded in 2020 by Alexander Friedhoff, former Zalora team member, etaily’s vision is to help global consumer brands selling online. Today, etaily has served more than 50 global consumer brands and processed over 10M orders on platforms such Lazada, Shopee and direct-to-consumer brand.com online stores. Gross sales at etaily in 2023 have tripled and are on track to reach $100M over the coming years. Its portfolio of exclusive brands currently comprises Levi’s, Crocs, Skechers and Reckitt, bringing its total brand count to more than 50, managed on +200 storefronts. Its own brands range from categories such as pets supplements, health, personal care and food and beverage. Alexander Friedhoff, Founder & CEO of etaily commented: "For the last three years, we've focused our passion into crafting something great at etaily – an all-encompassing commerce powerhouse. From the very birth of our lifestyle products to their swift delivery through our state-of-the-art operations ecosystem. Our unique digital approach sets us apart, making etaily the architect of digital brands and retail. Today, people in the region buying something online from the leading retail and digital brands such as Crocs, Levi’s, Skechers, Fila and many others - all of it is being powered by etaily’s infrastructure.” “With our unbeatable ecosystem, more than ever demanding online-first strategy, and adaptable digital operations, we're poised to transform retail in the Philippines and SEA. As the tides of e-commerce reshape the retail landscape, etaily's agile, fully digital platform promises brands a successful journey into the future.” Bain & Co has forecasted that the number of digital consumers in SEA is projected to hit 402 million by 2027, up from an estimated 370 million in 2022 with the Philippines leading the growth, followed by Vietnam and Thailand. The Philippines is now expected to grow the fastest in 2023 among developing economies in East Asia and Pacific according to an updated World Bank growth outlook for the region. These reports come hot on the heels of the Philippines being recognised as the fastest growing ecommerce market globally in 2023 having grown 25% year on year. There are several factors driving the ecommerce market in the region. Alexander Friedhoff added: “Unlike markets such as the US and Europe, where population growth is at a historic low — or in China’s case, declining — SEA’s consumer pool is expanding fast. In fact, the region’s working age population is set to grow by 23 million people by 2030, according to Bain & Co. and Meta’s 2022 SYNC SEA report. The Philippines already has the youngest population in SEA. At the same time, household incomes are expected to rise, with 51 million new high and upper-middle class households to emerge by 2030. This combination of a burgeoning working population and higher household incomes will lead to an uptick in consumption. SEA will add about 140 million new consumers by 2030, representing 16 percent of the world’s consumers.” Alexander Friedhoff added: “Given the current trajectory, with ecommerce as a percentage of total sales surging, SEA may well be poised to become the ‘next China’ in terms of e-commerce growth potential. Although SEA consists of several distinct markets without the same geographic cohesion and language uniformity as China, commerce platform companies such as etaily have made it convenient for brands to sell into multiple markets through localized operations, brand, data and technology capabilities.” etaily will deploy the fresh capital to deepen its presence in SEA, enhance its distribution platform for brands, and expand the brand portfolio including own brands and licenses of international lifestyle brands. In addition, further investments will be made into its proprietary technology stack including its operating system, data analytics and AI platform etaily clarity. SKS Capital founder Jack Chen commented: "We are excited to participate in the exciting consumer transformation taking place in the Philippines and SEA. We are dedicated to collaborating with outstanding and promising organizations that are poised for growth. etaily's asset-light strategy, along with their extensive knowledge of eCommerce, supply chain, and their utilization of data-driven insights to understand consumer behavior and demand, offer significant prospects for incorporating advanced omnichannel technology solutions into brand operations. This will enable substantial growth in the near future. Our brand portfolio is ready to be distributed by etaily.” About etaily Founded in 2020 and headquartered in the Philippines, etaily has quickly established itself as a pathway for brands seeking to sell their goods online across SEA. etaily is powered by a proprietary operating system for end-to-end commerce technology. In addition to building their own brands, etaily provides a unique end-to-end direct-to-consumer e-commerce solution for global consumer brands. This ecosystem spans the entire customer journey, from development of lifestyle products through inhouse branding capabilities to delivery to a local and regional customer base from etaily’s asset light warehouse network. For more information, please visit https://www.etaily.com Contact Details etaily Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.etaily.com/

November 14, 2023 08:00 AM Eastern Standard Time

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AmeriLife Gives Back Foundation Names Honor Flight Network as Inaugural Partner

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that its philanthropic arm, the AmeriLife Gives Back Foundation, has chosen the Honor Flight Network as its inaugural, national partner. Founded in 2022, the AmeriLife Gives Back Foundation honors the company’s legacy of giving while helping to connect its growing business, philanthropic and volunteer endeavors. The foundation – through donations of time, money and other resources – focuses on causes that enable the senior community in furtherance of AmeriLife’s commitment to helping people live longer, healthier lives. “As a values-driven company, giving back is in AmeriLife’s DNA and has been an important part of who we are for more than 50 years,” said Scott R. Perry, chairman and CEO of AmeriLife. “I’m incredibly excited that we’re joining forces with the Honor Flight Network, and I can’t wait to see what the future holds for our partnership.” The Honor Flight Network is a national nonprofit that honors America’s military veterans – especially those who served during World War II, the Korean War and the Vietnam War – by bringing them, free of charge, to Washington, D.C. to visit the memorials that commemorate their sacrifice and service. Since 2005, Honor Flight Network has transported more than 300,000 veterans from all 50 states and Puerto Rico to our nation’s capital, and continues to expand its network of more than 125 hubs across the country in an effort to serve even more veterans and their families. In doing so, the Honor Flight Network and its partners deliver gratitude and appreciation for veterans’ contributions to our freedoms, offering them an opportunity to meet other veterans, remember the fallen, and share their stories and experiences. “Honor Flight Network is tremendously grateful for the generous support from AmeriLife,” said Meredith Rosenbeck, CEO of Honor Flight Network. “We are fortunate to call them a valued partner, recognizing and validating our important mission to honor America’s heroes. In joining forces with Honor Flight, AmeriLife is setting the standard of giving with gratitude, and we look forward to a rewarding partnership ahead.” “We’re privileged to be counted among Honor Flight Network’s partners and look forward to a long and rewarding relationship,” added Jim Quinn, Chief Financial Officer for AmeriLife. “Today’s donation opens up exciting opportunities for AmeriLife’s employees and partners to volunteer in support of future Honor Flight Network trips, helping to create memorable experiences for so many of our nation’s heroes.” For more information on the Honor Flight Network and to support its mission directly, donate or volunteer today at HonorFlight.org. To learn more about the AmeriLife Gives Back Foundation, visit us online at AmeriLife.com/GivesBack. ### About Honor Flight Network The Honor Flight Network was formed in 2005 with a mission of honoring our nation’s veterans by bringing them to Washington, DC to visit the memorials and monuments dedicated to their service and sacrifice. The Honor Flight Network is currently comprised of over 130 hubs throughout the country dedicated to carrying out the Honor Flight mission. In addition to World War II veterans, the organization transports those who served in the Korean War, Vietnam War, intermediary operations, and in special cases of terminal illness or injury, veterans from more recent service eras. Since 2005, the Honor Flight Network has taken more than 250,000 veterans to Washington D.C. For more information, visit honorflight.org. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as a leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details AmeriLife Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Honor Flight Network Marion Watkins +1 202-302-4937 mwatkins@honorflight.org Company Website https://amerilife.com/

November 09, 2023 10:00 AM Eastern Standard Time

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GSM launched electric taxi service in Laos, aiming to promote green mobility in Southeast Asia

VinFast Auto

VIENTIANE, LAOS - Media OutReach - 9 November 2023 - Vietnam's Green and Smart Mobility JSC. (GSM) has launched its pure electric taxi service in Vientiane, Laos, under the brand name "Xanh SM". Expanding into the first foreign market marks a step further in GSM's "Go Green Global" strategy to establish itself as an international electric mobility services provider and promote the adoption of green mobility beyond borders. Opening ceremony of Xanh SM electric taxi in Laos. Xanh SM Laos embraces the customer-centric approach of its Vietnamese counterpart and pledges to provide eco-friendly transportation services. The company commits to providing customers with 100% pure electric vehicles and 5-star service standards including premium vehicle quality, and a dedicated team of professional drivers that contribute to enhancing the standard of passenger transportation services in the "Land of a Million Elephants". Starting from November 9, 2023, residents of Vientiane and international tourists visiting Laos will have a convenient way to book taxi services through the Xanh SM Laos application. This application can be easily downloaded from the App Store and Play Store. In addition, customers will still have the option to hail taxis directly from the streets. Every trip's route and fare information will be made transparently available to ensure clarity and convenience. Initially, Xanh SM Laos will employ the VinFast VF 5 Plus electric cars in their signature cyan color for its taxi fleet. Currently, the company is operating primarily in Vientiane Capital. The plan is to increase the fleet to 1,000 vehicles and expand to other popular destinations like the tourism town of Vang Vieng (Vientiane), as well as other provinces and cities such as Luang Prabang, Savannakhet, and Champasak in the coming phases. Xanh SM electric taxi on the roads of Laos. Xanh SM Laos is planning to expand its operations throughout the country and is expected to create thousands of new job opportunities for local residents. These opportunities offer attractive career development prospects and come without requiring initial capital investment while providing optimal income and professional training. In particular, Green SM drivers will be oriented to become "green ambassadors" that directly connect the brand with customers and contribute to enhancing Laos' eco-friendly image. In addition to providing high-quality, zero-emission transportation services, GSM aims to stimulate the widespread of electric vehicles by developing a green mobility services ecosystem. This includes electric vehicle leases, and advanced services such as package car rental, travel, and personalized car rental. By adopting this holistic approach, GSM works towards leveraging the overall experience of green transportation and making electric mobility accessible to everyone. Mr. Nguyen Van Thanh – Global CEO of GSM said: "Launching Xanh SM Laos is a special milestone that marks the beginning of GSM's global expansion journey. We will keep exploring and innovating to create a unique fusion of local culture with international service standards that promises to deliver an exceptional experience to local residents as well as international visitors in Laos. The triumphant Xanh SM Laos will be a significant driving force behind GSM's global expansion. Working alongside VinFast, GSM is determined to push forward eco-friendly mobility worldwide, paving the way for a better and more sustainable future for all." In April 2023, GSM was established and launched in Vietnam as the world's first multi-platform green transportation model. It operates with a fleet of 100% electric vehicles. Within just 6 months of its operation, GSM has experienced extraordinary growth, providing over 6 million rides, and earning high compliments from both ultimate consumers and transportation companies. GSM is set to expand quickly to other Southeast Asian countries following its success in Laos. The company's ability to offer its ride-hailing services through multiple platforms - including the app, call center, and on-the-road bookings - provides it with a significant competitive advantage both regionally and internationally. These core competencies will be crucial as GSM pursues its "Go Green Global" strategy, charting a course to become the one of fastest-growing international ride-hailing service providers in the region. Customers can find more information about Xanh SM electric taxis in Laos via the website: https://www.xanhsm.com/laos/ or download the Xanh SM Laos app via the following links: Android: https://bit.ly/XanhSMLaos1 iOS: https://bit.ly/XanhSMLaos2 Contact Details VinFast Media Contact v.chidqd1@vingroup.net Company Website https://www.xanhsm.com/laos/

November 09, 2023 05:43 AM Eastern Standard Time

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ToolsGroup Announces Latest Enhancements to JustEnough® Retail Planning and Execution Suite

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, has announced the latest version of its JustEnough Retail Planning and Execution suite, making major advancements in its Assortment Planning and Allocation capabilities. This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations lower inventory, ensure product availability, and improve customer satisfaction across channels. “As a longtime partner, we have seen firsthand why the JustEnough solution is a leader in retail planning and execution worldwide,” said Greg Marmulak, Founder and Managing Partner, Inventory Worx. “Thanks to this technology, we can better equip our customers to adapt to marketplace changes, ensuring customer satisfaction while supporting business goals and streamlining processes. We’re excited to implement these new enhancements and continue developing our supply chain best practices in collaboration with ToolsGroup.” JustEnough v2023.3 delivers: · Enhanced target creation in Assortment Planning that supports user-defined update periods and returns choice recommendations corresponding to those product updates. · Upgraded attribute cluster management that saves users time by enabling bulk/aggregate changes across clusters with a common attribute. · Accelerated processing time that further improves best-in-class Allocation capabilities and system performance. “We are eager to share these enhancements with our customers, whose direct feedback, along with ToolsGroup’s focus on continuous improvement, has helped guide our roadmap development,” said Sahil Gupta, ToolsGroup’s Chief Product Officer. “We value our customers as partners, and through partnering with our customer base, we’ve developed a solution that better incorporates the fine art of assortment planning into the deep science inherent in the system.” “ToolsGroup’s customer-centric innovation helps over 400 companies around the world achieve competitive, efficient, and profitable supply chains,” said ToolsGroup CEO, Inna Kuznetsova. “Our close collaboration with these organizations has garnered us industry recognition and – more important – the respect and trust of our customers. We’re proud to deliver the best-in-class solutions that drive their continued success, improve supply chain efficiency, and enhance business performance.” Customers and analysts alike recognize ToolsGroup as a retail planning leader. See the full list of accolades HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

November 07, 2023 10:00 AM Eastern Standard Time

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Minuteman Press Franchise Owner Nil Patel Talks Leaving Corporate World, Celebrates Grand Opening in Solon, Ohio

Minuteman Press International Inc

After working in corporate finance, Nil Patel was looking for a career change. He shares, “I previously graduated from the University of Cincinnati with a bachelor’s degree in finance. After 8 years in the corporate world, I realized it was not for me. I wanted to be part of a company that helps others and be somewhere I can feel gratitude from the work I do!” Nil found what he was looking for in June of 2023 when he purchased the Minuteman Press franchise in Solon, Ohio. He explains, “I chose Minuteman Press because I wanted to be a part of a small business that has potential to grow and help other business thrive around me. The training and support from Minuteman Press International has been great! My RVP Rich DeRosa in particular has been extremely helpful and professional.” In September of 2023, Nil celebrated his grand opening; Minuteman Press in Solon is located at 33528 Aurora Road, Solon, OH 44139. Nil shares, “The community of Solon is a diverse blue-collar town where people are proud of the work they do! Our grand opening was a huge success. It was put together by the Solon Chamber of Commerce and I received extra help from my girlfriend and parents to really bring it all together. I’m excited to continue to serve and be a contributing member of the Solon community.” A few months into owning the business, Nil is happy with his progress as a business owner. He says, “I explain to clients that Minuteman Press in Solon is a full-service design, print, and marketing center serving the entire business community from small businesses to Fortune 500 companies. Our client base and business have been steady and we are growing.” Nil adds, “High-demand products that can help other local businesses/organizations grow are business cards, banners, flyers, and promo products – pens, calendars, koozies, flash drives, etc.” When asked about the industry and what he enjoys the most thus far, Nil answers, “Printing remains vital today because physical and digital advertising are both continuing to grow and this trend is going to continue.” He concludes, “Clients are looking for a healthy mix of both and I love that I can grow my business while helping others grow as well.” Minuteman Press in Solon, Ohio is located at 33528 Aurora Road, Solon, OH 44139. For more information, visit their website: https://minuteman.com/us/locations/oh/solon 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

November 06, 2023 10:00 AM Eastern Standard Time

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Planning Your Next Winter Getaway with Priceline

YourUpdateTV

The holiday and winter travel season is just around the corner, and now is the time to think about where you want to go, what you want to experience, and most importantly – how to find the best price. Recently, Travel Expert, Jo Franco, teamed up with Priceline on a nationwide satellite media tour to discuss the season’s top travel destinations and some tips to help you save. According to recent Priceline data, the top destinations in the U.S. for holiday travel are entertainment hotspots like New York City, Las Vegas, and Los Angeles. To take the stress out of holiday travel planning, Priceline introduced Trip Intelligence, a suite of 40 new booking tools and Gen AI features to help research and personalize your plans. Penny, Priceline’s brand-new checkout chatbot, is available to help answer any questions about bookings, including information about nearby restaurants and attractions. In addition, Priceline’s new Flight Rebook tool allows users to easily rebook flights with their airline credits directly through Priceline, helping travelers avoid long lines or time spent waiting on hold. On top of their everyday deals, Priceline is offering even bigger savings this holiday season. Their Black Friday early access sale kicks off on November 6th with amazing deals. You can save 30% or more on thousands of hotels in over 80 countries. Not only that, we’ll also see the return of Priceline's mystery coupons. Priceline email subscribers will receive mystery coupons, which could be for up to 99% off Express Deals. For more information, visit Priceline.com or download the Priceline app. About Jo Franco Jo Franco is a well-known Travel & Language Content Creator, Polyglot, Writer, and TV Host. She has created over 600 videos on the internet across two YouTube channels (DamonAndJo + Jo Franco) with over 1.3 million subscribers. She has been creating content for a decade in several languages including English, French, Portuguese, Spanish, and Italian. She is the CEO of JoClub, a journal club that hosts live journaling sessions of introspection both in English, and several other languages, she has her own Podcast, Not Your Average Jo, and she has worked as a TV host for Netflix’s World’s Most Amazing Vacation Rentals. Jo grew up as a Brazilian immigrant in a small town in Connecticut and received an international business degree in NYC. Jo’s experience in the travel space, as well as building communities and businesses, has landed her a spot on the Forbes top travel influencer list. She’s spoken at prestigious events such as South by Southwest (SXSW) and is on the board of EEqual, a non-profit serving homeless youth in their college careers. Jo believes in inspiring a global community to improve themselves through learning languages, cultures, financial literacy, adventure, and inclusion. About Priceline Priceline, part of Booking Holdings Inc. [NASDAQ: BKNG], has been a leader in online travel for twenty-five years. Priceline's proprietary deals technology pairs negotiation with innovation to analyze billions of data points to generate deep discounts for customers they can't find anywhere else. Travelers have access to millions of hotels, flights, alternative accommodations, rental cars, cruises, vacation packages and experiences from trusted brands in over 116 countries around the world, 24/7 customer service and incremental savings when becoming a Priceline VIP. By making affordable travel within reach for all, Priceline helps millions of customers each year be there for the moments that matter to them. Because where your happy place meets your happy price, that place is Priceline. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 01, 2023 12:00 PM Eastern Daylight Time

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Criminal Gangs Find Opportunity In The Revival Of Air Travel Post-Pandemic

MarketJar

The exhilarating return of air travel post-pandemic brought not just passengers back to airports, but also a less-anticipated group: criminals. With the aviation industry keen to get back on its feet, the rush to rehire has inadvertently laid out a welcome mat for criminal gangs. Fresh alarms are being raised by the US Public Interest Research Group and other international agencies regarding the nefarious attempts by criminal gangs to recruit airport workers. Peter Nilsson, the leader of European law-enforcement group Airpol, underscores the magnitude of the problem, pointing to the rapid post-pandemic rehiring in airports as a vulnerable point. His concerns are echoed globally, from the U.S. Transportation Security Administration to the U.K.’s National Crime Agency. Even a United Nations panel ranks this menace among the top security issues faced by civil aviation. Insider threats are not a novel concern. Yet, the current situation feels markedly different. The aviation sector’s haste to restore its pre-pandemic vibrancy, coupled with the recruitment of thousands with minimal experience and security knowledge, has expanded the problem's scale. For criminal organizations, these inexperienced new hires present perfect targets, with their susceptibility increased due to factors like low wages and growing dissatisfaction in a still-recovering post-pandemic world. From baggage handlers rerouting contraband-filled suitcases to customs officials getting bribed to turn a blind eye, the industry's vulnerabilities have been laid bare. This year alone has witnessed a spike in serious security incidents, surpassing the total for the entirety of 2022. The root of the challenge seems to lie in the unprecedented pressures on resources. Rapid recruitment has outpaced the provision of essential security training. Furthermore, ex-employees, despite being on furlough, still possess access codes to sensitive areas, thereby amplifying the risk manifold. But it's not just external groups orchestrating these crimes. Instances from Miami to Manila highlight that some staff, even those entrusted with ensuring safety like the TSA security officers, have succumbed to temptation, turning pockets into treasure troves. To address these challenges, the Transportation Security Administration (TSA) is rolling out a new mandate that requires physical screening of staff at airports, similar to the checks undergone by passengers, to bring the US closer to meeting international standards. The TSA is also enlisting the help of Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF), a leading technology provider of AI-based next generation detection solutions for protecting secure locations against prohibited weapons and other threats. Next Generation Security Detection Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF) is at the forefront of advanced threat detection technology, designed to identify concealed threats in various sectors. The demand for security solutions that ensure public safety has never been more significant. Liberty Defense offers advanced security solutions for detecting concealed weapons in high-traffic areas and places requiring heightened security, such as airports, stadiums, schools, and more. Their HEXWAVE product, under an exclusive license from the Massachusetts Institute of Technology (MIT), along with technology transfer agreements for active 3D radar imaging, delivers discreet, modular, and scalable security to detect metallic and non-metallic weapons without divesting jackets, phones, keys, or wallets. On November 1st, Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF) announced that it has secured a $1.25M contract from the Transportation Security Administration (TSA), with potential options bringing the total value to $3.86 million. This newly acquired contract's primary focus is to equip the TSA with Open Architecture (OA) software. Additionally, the deal involves comprehensive end-to-end engineering development and the evolution of the High Definition Advanced Imaging Technology (HD-AIT) Wideband Upgrade Kit. The anticipated outcome of this initiative is to introduce advanced detection capabilities that will transform passenger screening into a smoother, arms-down experience. The aim of the TSA’s On-Person Screening program is to heighten the detection of an extensive range of threats. The goal is to reduce false alarms and minimize physical contact during the screening process. According to the TSA, the Open Architecture approach adopted for this initiative is designed for both software and hardware. Using globally recognized standards, OA ensures cross-platform interoperability irrespective of the technology's origin, be it designer, manufacturer, or supplier. In a parallel move to fortify airport security, Liberty Defense is also joining forces with the TSA to introduce its HEXWAVE walk-through screening portal, an initiative that aligns with the TSA's objective to mitigate insider threats. HEXWAVE, which is currently in production, caters to commercial markets and could serve the growing need for employee screening at airports. This technology is set to work in tandem with the HD-AIT system to bolster passenger screening protocols under the ongoing Liberty -TSA partnership. A brief look into Liberty 's history shows its commitment to aviation security. In March 2021, the company acquired licenses for the millimeter wave-based HD-AIT body scanner and shoe screener technologies. Developed by experts at the Pacific Northwest National Laboratory (PNNL) and funded by the U.S. Department of Homeland Security Science and Technology Directorate (DHS S&T), these technologies are tailored for the TSA's mission. Liberty has now taken the reins, further developing this technology with its dedicated team of engineers. Click here for more information about Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF) Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Liberty Defense Holdings Ltd. Market Jar Media Inc. has or expects to receive from Liberty Defense Holdings Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.) ninety five thousand USD for 36 days (26 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Liberty Defense Holdings Ltd.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Liberty Defense Holdings Ltd.’s industry; (b) market opportunity; (c) Liberty Defense Holdings Ltd.’s business plans and strategies; (d) services that Liberty Defense Holdings Ltd. intends to offer; (e) Liberty Defense Holdings Ltd.’s milestone projections and targets; (f) Liberty Defense Holdings Ltd.’s expectations regarding receipt of approval for regulatory applications; (g) Liberty Defense Holdings Ltd.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Liberty Defense Holdings Ltd.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Liberty Defense Holdings Ltd.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Liberty Defense Holdings Ltd.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Liberty Defense Holdings Ltd.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Liberty Defense Holdings Ltd.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Liberty Defense Holdings Ltd. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Liberty Defense Holdings Ltd.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Liberty Defense Holdings Ltd.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Liberty Defense Holdings Ltd.’s business operations (e) Liberty Defense Holdings Ltd. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, Liberty Defense Holdings Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Liberty Defense Holdings Ltd. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Liberty Defense Holdings Ltd. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or such entities and are not necessarily indicative of future performance of Liberty Defense Holdings Ltd. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 01, 2023 08:30 AM Eastern Daylight Time

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Ocean Power Technologies announces multiple WAM-V 16s vehicle order from Sulmara

Ocean Power Technologies Inc

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to to share some exciting news. OPT has secured a substantial volume order from Sulmara, a prominent player in offshore services, for their cutting-edge WAM-V 16 uncrewed surface vehicles. Sulmara is a recognized leader in offshore survey services, and this order represents a milestone achievement as it stands as the largest single order of WAM-Vs in OPT's history. Stratmann emphasized to Proactive the significance of this order, which amounts to a substantial $1.6 million. What's even more remarkable is that production for these state-of-the-art vehicles is already well underway, ensuring that the revenue generated from this contract will be realized within the current fiscal year. The WAM-V 16, celebrated for its exceptional versatility, is poised to revolutionize the way marine data is collected and utilized in the industry. Designed to seamlessly adapt to various marine environments and applications, the WAM-V 16 offers unmatched reliability, maneuverability, and modularity. This innovative technology empowers remote marine operations like never before, opening up new horizons for offshore survey services and marine data collection. Sulmara's decision to place this substantial order is a testament to the confidence they have in OPT's cutting-edge technology and the transformative impact it will have on their operations. As the offshore services sector continues to evolve and demand for precise marine data increases, partnerships like this highlight OPT's commitment to delivering groundbreaking solutions that push the boundaries of what's possible in the industry. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

October 30, 2023 01:26 PM Eastern Daylight Time

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Ocean Power Technologies secures contract to combat illegal fishing with uncrewed technology

Ocean Power Technologies Inc

Ocean Power Technologies vice president of Sales and Marketing Matt Burdyny joined Steve Darling from Proactive to share news the company has secured a significant contract aimed at marine conservation and combating illegal fishing practices. The company has been awarded a contract in partnership with WildAid and Caribbean Law Enforcement partners. The objective of this collaboration is to protect essential marine species and address the issues of illegal, unreported, and unregulated (IUU) fishing activities in critical marine habitats. As part of the initiative, OPT will provide WildAid and their Caribbean Law Enforcement partners with a state-of-the-art OPT WAM-V 16 Uncrewed Surface Vessel. This vessel will be equipped with an integrated quadcopter aerial drone, which leverages advanced technology to enhance surveillance and conservation efforts. The OPT WAM-V 16 Uncrewed Surface Vessel, equipped with the aerial drone, will play a crucial role in marine protection. It will empower law enforcement agencies and conservation organizations to monitor and safeguard marine life from illegal harvesting activities. This proactive approach ensures the sustainability of critical marine ecosystems. The technology provided by Ocean Power Technologies offers networked surveillance capabilities and evidence collection. This allows authorities to gather critical information, support legal actions against illegal fishing, and protect marine life. Importantly, it allows personnel to stay out of harm's way until conditions are favorable for interdiction efforts. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

October 30, 2023 12:45 PM Eastern Daylight Time

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