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Sports Business Analyst Mike Bako’s Winter Olympic Analysis

YourUpdateTV

A video accompanying this announcement is available at: https://www.youtube.com/watch?v=IEYO-2_V6A4 Mike Bako, Daily National.com sports editor, provides insights and analysis on the Beijing 2022 Winter Olympic Games and the latest on the scandal that is overshadowing the games. Failed Test Casts Shadow Over Skating, the Olympics’ Showcase Event. Russian skater’s Kamila Valieva positive test were an embarrassing failure of the systems designed to keep doping out of the Olympics. Valieva was cleared to skate even though she failed a drug test taken Dec. 25, the result only emerging last week, after her two brilliant performances in the team competition helped win gold for the Russian team. The Court of Arbitration for Sport gave her a favorable decision early Monday in part because she is a minor, known as a "protected person,'' and is subject to different rules from an adult athlete. For additional commentary by Bako please email mike@dailynational.com For more information, visit DailyNational.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 15, 2022 10:25 AM Eastern Standard Time

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QX Global Group Acquires Management Consulting & Advisory Services Firm Chazey Partners

QX Global Group

Together QX Global Group and Chazey Partners will provide end-to-end Business Transformation, Digital Services & Intelligent Automation, and Business Process Outsourcing (BPO) for Fortune 1000 companies and public sector organizations, including higher education, across the globe. QX Global Group, a Top 100 Business Process Outsourcing company, announced the acquisition of an 80% stake in Austin, Texas-based Chazey Partners, a world-class management consulting and advisory firm specializing in business and digital transformation. The Chazey Partners team brings decades of experience in implementing and operating world-class business support and shared services organizations around the globe, with expertise in Robotic Process Automation (RPA) and Artificial Intelligence (AI). Together, QX and Chazey Partners will work to deliver innovative solutions that cover transformative consulting, digital services, and business process outsourcing, customized to meet each client’s specific needs. “At QX, we have always focused on enabling transformation of our client’s businesses using our unique 3P approach of people, process, and platform, and we are thrilled that the addition of Chazey will allow us to help organizations solve their most significant barrier to growth – digital adoption and business transformation at scale, said Frank Robinson, Group CEO of QX Global Group. “Adding Chazey furthers our vision to provide integrated, end-to-end solutions to help our customers take advantage of the latest operating models and emerging technologies. I am also delighted to officially welcome Phil Searle onto QX Global Group’s Board as Chief Transformation Officer.” Chazey brings to the QX Global Group management consulting and advisory services with a global reach. Founded in 2006, Chazey Partners has demonstrated consistent and significant growth, with global representation in the United States, Canada, Mexico, Brazil, Costa Rica, Colombia, Ireland, Turkey, and India. Chazey’s consultants provide advice, support, and implementation expertise, covering strategy setting, business case production, program management, process optimization, technology enablement, training, and change management. “ Since founding the company, we have significantly expanded and evolved Chazey’s solutions to help numerous businesses and public sector organizations achieve operational excellence by transforming their business operations,’’ said Phil Searle, CEO and Founder of Chazey Partners. ‘’With QX, we have found a shared passion for empowering our clients to achieve world-class performance. By joining forces with QX, we will augment our near-shoring and offshoring capabilities by opening new Centers of Excellence (COEs) in India and Latin America. This is an exciting new chapter for Chazey Partners, our employees, and our customers.” The partnership of both trusted brands comes at a time when enterprises across the globe are adjusting to the post-pandemic world. In this environment, Chazey Partners is at the forefront of offering needed transformation solutions, helping enterprises optimize business operations and adopt the latest technologies for sustained growth. The QX-Chazey partnership will enable all clients to achieve a faster return on investment and add more value to their customers and employees. Barbara Hodge, Global Digital Editor at the Shared Services & Outsourcing Network (SSON), said, “This marks an exciting and timely development in the shared services and outsourcing space. SSON has collaborated with Chazey Partners for many years, and I am pleased to see such a highly respected group in the field of business transformation push forwards in extending its services to provide enterprise customers with the more holistic solutions they need right now. Adding Chazey Partners’ transformation capabilities to QX Global Groups’ BPO services, drives an end-to-end solution that connects consulting, digital and business process outsourcing. This aligns perfectly with the move to integrated business services, digitalization – driven by intelligent automation – and data analytics, that we are seeing across the shared services landscape. It’s also consistent with service providers moving to a ‘one-stop-shop’ solution for business transformation and digital needs. I am delighted at this news and look forward to engaging with the new partnership.” For QX Global Group: Corbett Keeling, London, and J. Sloan & Co, Dallas, Texas, provided corporate finance and transaction advice for QX Global Group; BDO LLP provided Due Diligence support across all entity geographies; legal support was provided by Munsch Hardt Kopf & Harr, P.C. For Chazey Partners: Sett & Lucas acted as transaction advisor, and Jackson Walker LLP provided legal support. About QX Global Group QX Global Group is a leading provider of business process management services. With over 17 years of accounting and recruitment process outsourcing experience, we help our clients unlock business value by improving process efficiencies and automation in the accounting and recruitment functions to enable business transformation. We have offices in the UK, USA, Canada, Australia, and India. About Chazey Partners Chazey Partners is a practitioner-led, global management consulting and advisory services firm. We bring real-life, practical, hands-on experience, empowering clients to strive for world-class performance, through Business Transformation, Shared Services, and Intelligent Automation. We help businesses and public sector organizations achieve operational excellence in the provision of mission-critical business services, including Finance, Human Resources, IT, Procurement, Contact Centers, Marketing, and Facilities Management. For over sixteen years, Chazey Partners has helped clients implement successful service delivery solutions; in the US & Canada, Latin America, Europe, the Middle East, Africa, Oceania, and Asia. Contact Details QX Global Group Vishal Kurani +44 20 8146 0808 vishal.kurani@qxglobalgroup.com Chazey Partners Leigh Knowles +1 855-692-6229 LeighKnowles@chazeypartners.com Company Website https://qxglobalgroup.com/

February 14, 2022 09:55 AM Eastern Standard Time

Foresight: Eye-Net Selected by Paris2Connect Consortium to Participate in an Urban Mobility Experiment, Consortium Members Include Nokia, ATC France, Aximum, RATP Group and Signify

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”), was one of five winners selected by the Paris2Connect consortium to participate in an urban mobility experiment to take place in Paris’ Urban Innovation District. The Paris2Connect consortium includes Nokia (HEL: NOKIA), ATC France (a subsidiary of American Tower Corporation), Aximum, RATP Group, and Signify N.V. (AMS: LIGHT). Eye-Net expects to benefit from testing its solution in an operational environment under real conditions along a 3.5-kilometer route in the heart of Paris. The project will test urban solutions that serve citizens while accelerating the development of innovative solutions for the management of public space. Eye-Net will test its collision prediction solution in real-life conditions which is intended to reduce the risk of accidents between micromobility users and public transport systems. “Eye-Net is honored to have been selected by the Paris2Connect consortium to collaborate with leading European companies to enhance road safety and reduce the rate of road accidents involving vehicles and other vulnerable road users. We believe that Eye-Net offers a unique life-saving accident prevention solution particularly suited to large, active metropolitan areas like Paris. We also believe that having the support of a European technological consortium will help us grow our presence in Europe, an important target market for Eye-Net in the upcoming year,” said Dror Elbaz, COO & Deputy CEO of Eye-Net Mobile. For more information about Eye-Net Mobile, please visit www.eyenet-mobile.com, or follow the Company’s LinkedIn page, Eye-Net Mobile; Twitter, @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which are not incorporated into this press release. About Paris2Connect Paris2Connect, an innovative project initiated in late 2018 aims to demonstrate how a shared urban digital infrastructure can meet the growing needs of the Smart City, connectivity and autonomous mobility, in an inclusive and environmentally friendly way. Within the framework of this project, the different actors of the consortium (ATC France, Aximum, Nokia (HEL: NOKIA), RATP group, Signify N.V. (AMS: LIGHT)), are working in close collaboration with the City of Paris to respond to the multiple challenges of the city of tomorrow, paving the way for a more virtuous urban future that meets the needs of the community. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses Eye-Net’s participation in an urban mobility experiment, the benefits intended to be realized by the use of the Eye-Net product, that Eye-Net offers a unique life-saving accident prevention solution that is particularly suited to large, active metropolitan areas like Paris, and that the support of a European technological consortium will help Eye-Net grow its presence in Europe, which is an important target market for Eye-Net in the upcoming year. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to diverse markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

February 10, 2022 09:00 AM Eastern Standard Time

LanzaJet and Marquis Sustainable Aviation Fuel (SAF) Partner to Build an Integrated Sustainable Fuels Plant in Illinois

LanzaJet

This partnership will utilize carbon capture and sequestration, renewable energy, and other innovative practices to bring lower-cost, low carbon-intensity sustainable aviation fuel, renewable diesel, and other sustainable hydrocarbons to the global market and help accelerate the decarbonization of various industries, including the tough to decarbonize aviation sector. Today, LanzaJet, a sustainable aviation fuel technology provider and producer, has entered into a memorandum of understanding (MOU) with Marquis Sustainable Aviation Fuel (Marquis SAF) to construct a 120 million gallons per year integrated sustainable fuels plant in the U.S. using low-carbon intensity (CI) feedstocks to produce sustainable aviation fuel (SAF) and renewable diesel via the LanzaJet™ Alcohol-to-Jet process. The plant will employ on-site carbon capture and sequestration and renewable energy to produce SAF, resulting in a lifecycle greenhouse gas reduction of more than 70% compared to conventional jet fuel. This first-of-a-kind fully integrated sustainable fuels production facility will be located in the Marquis Industrial Complex in Hennepin, Illinois, just two hours southwest of Chicago, on a 2,500-acre industrial site adjacent to the Illinois River. The facility is strategically positioned for global distribution via direct access to the Illinois River and proximity to vital pipelines to deliver sustainable fuels to Chicago O'Hare International Airport and Chicago Midway International Airport. The Marquis Industrial Complex also connects with a Class I railroad and multiple interstate highways. "We strongly believe in the importance of taking action today to enable the decarbonization of industry, and our partnership with Marquis SAF is a clear example of putting this into practice. We're able to drive deeper GHG reductions in existing biofuel production, ensure a prosperous future for producers and farmers alike, and decarbonize the aviation sector by deploying low-carbon liquid fuels where they will be needed most in the future – and importantly where they will drive the largest climate and air quality benefits when also considering non-CO 2 impacts" said Jimmy Samartzis, LanzaJet CEO. "This demonstrates the opportunity for the U.S. to produce meaningful volumes of sustainable aviation fuel at scale, transitioning feedstocks from the production of traditional biofuels into sustainable aviation fuel. SAF from existing sources alone could replace more than 50% of U.S. fossil jet fuel use. The key is low carbon intensity, where existing infrastructure is paired with carbon capture and sequestration and renewable energy. Marquis is doing exactly this and makes for a great partnership with LanzaJet." Marquis recently announced a plan for the Marquis Industrial Complex to be the world's first carbon-neutral industrial complex with on-site access to carbon injection. "The partnership we now have in place with LanzaJet allows our company to advance low-carbon solutions to address the climate crisis," said Mark Marquis, CEO of Marquis SAF. "LanzaJet's ATJ technology will be fully integrated into our sustainable fuels plant with a focus on producing sustainable aviation fuel and renewable diesel. In addition, we are making investments in carbon capture, corn kernel fiber technology, and utilizing Marquis' proprietary ProCap system for the production of high protein feed and renewable corn oil in this new state-of-the-art facility. This will enable us to lead the decarbonization of the transportation sector in the years to come." The partnership between these two Illinois headquartered companies will allow the Marquis Industrial Complex to lead in the development of sustainable fuels. The fully integrated SAF plant significantly expands the production of sustainable fuels in the U.S and places Illinois at the center of this expansion in building sustainable infrastructure that will help reduce carbon emissions. It serves as an example of the types of commercial plants and scale that can be developed across the U.S. LanzaJet recently announced its first plant in Georgia is expected to enter commercial operations in 2023. That plant will use low-CI, sustainably certified ethanol produced from waste sources and existing energy crops. Production of sustainable fuel made from low carbon intensity corn, in partnership with Marquis, is scheduled to begin engineering in 2022. About LanzaJet, Inc. LanzaJet, Inc. is the world’s alcohol-to-jet technology leader and producer of Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD) from ethanol. LanzaJet’s alcohol-to-jet technology has been in development for more than a decade through a partnership initially between LanzaTech and the US Department of Energy’s Pacific Northwest National Lab (PNNL). PNNL developed a unique catalytic process to upgrade ethanol to alcohol-to-jet synthetic paraffinic kerosene (ATJ-SPK) which LanzaTech took from the laboratory to pilot scale. LanzaJet is now commercially deploying the technology globally. Launched in June 2020, LanzaJet produces SAF and renewable diesel for hard to decarbonize sectors such as transportation including aviation and maritime. With its approach to the commercialization of SAF, LanzaJet creates regional jobs while enabling global decarbonization of the aviation sector. The LanzaJet process can use any source of low CI, sustainable ethanol for fuel production. Investors include LanzaTech, Inc.- the world’s carbon recycling leader and sponsor that spun out LanzaJet, Suncor Energy Inc. - Canada's leading integrated energy company, British Airways - the flag carrier airline of the United Kingdom, Shell – a global energy company, and Mitsui & Co., Ltd – a leading Japanese trading and investment company. Further information is available at www.lanzajet.com. About Marquis Sustainable Aviation Fuel, LLC Marquis has a long history as a family-run company spanning over 47 years and is based out of Hennepin, Illinois. Sustainability is a passion for the Marquis team, and its mission is to be the “World’s Leading Producer of Sustainable Fuels.” Marquis Industrial Complex is situated on the Mt. Simon geological formation, with the capacity to store over 100 million tons of Carbon Dioxide. Marquis also intends on investing in a renewable oil plant to produce low-carbon soybean oil for the production of renewable diesel. Marquis further plans to produce blue hydrogen and blue ammonia to aid in decarbonizing agriculture and future marine transportation. With its best-in-class logistics and global reach Marquis will lead in global decarbonization. Further information is available at www.marquisincorporated.com. Contact Details LanzaJet Daniel Cherrin +1 313-300-0932 dcherrin@northcoaststrategies.com Marquis Sustainable Aviation Fuel Allison Prestegaard +1 815-925-7300 carbon@marquisincorporated.com

February 10, 2022 08:17 AM Eastern Standard Time

FreshEdge Launches New Website

FreshEdge

FreshEdge, a family of produce and specialty food companies, has launched a refreshed and expanded www.freshedgefoods.com. FreshEdge partnered with DMA Solutions (Dallas, Texas), a marketing agency dedicated to exclusively serving the fresh produce industry. The website creates opportunities for connecting with FreshEdge’s operating companies and engaging in what makes their family unique. FreshEdge now operates with 1,640 employees, approximately 700,250 square feet of warehouse space, with a fleet of more than 650 trucks, delivering fresh food to customers in 22 states. Through rapid growth and consistent execution, FreshEdge has quickly amassed a reputation for adding value throughout the fresh foods industry. “FreshEdge’s new website is a splash of freshness,” said Steve Grinstead, CEO of FreshEdge. “It also symbolizes who we are – a growing family of customer-obsessed fresh food companies who care.” Greg Corsaro, President and COO of FreshEdge, added, “The revamped website reflects FreshEdge’s value proposition of providing dependable, customized solutions with cutting-edge technology for consistent, reliable delivery of fresh food with a sense of family and trust.” “We’re excited about the unique space this new website delivers for connecting FreshEdge, its family, and our industry partners,” said Daniel Corsaro, President of Indianapolis Fruit (FreshEdge retail operating company) and participant in the development of the new site. About FreshEdge FreshEdge was formed in 2019 through the combination of Get Fresh Produce (Bartlett, IL, founded in 1982) and the IF&P Foods family of companies, primarily composed of Indianapolis Fruit (founded 1947) and Piazza Produce (founded 1970). McCartney Produce (Paris, TN) joined the FreshEdge family in November 2020 followed by Valley Produce (Knoxville, TN) in June 2021, Vine Line (Grand Rapids, MI) in October 2021, and Monteverde’s (Pittsburgh, PA) in November 2021. Collectively, these leading fresh food distribution companies have several hundred years’ combined experience serving the grocery and food service industries. In addition, FreshEdge includes two Garden Cut branded fresh-cut processing facilities, a tomato re-packer, a USDA fresh kitchen (CIBUS Fresh), and two transportation companies. Today, FreshEdge is a category leader in providing both the foodservice and retail industries with fruit, vegetables, fresh grab-n-go offerings, dairy, floral and specialty products. For more, visit www.freshedgefoods.com. Contact Details FreshEdge Greg Corsaro +1 317-981-3440 gcorsaro@freshedgefoods.com Company Website https://www.freshedgefoods.com/

February 10, 2022 07:43 AM Eastern Standard Time

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Made to Measure Introduces the AccuFLEX Line of Coordinate Measuring Machines

Made to Measure

Made to Measure, a leading provider of metrology equipment and services, launched the AccuFLEX series of coordinate measuring machines (CMMs). Constructed in the United States, this new machine line includes bridge, shop floor, horizontal and gantry models to serve a wide range of industries and applications. “Our AccuFLEX portfolio is unlike any other in the industry. It not only addresses current client needs, but it is designed to support the evolving environment with its open software platform,” stated Sven Bley, President and CEO of Made to Measure. “Every machine comes with either Modus or Verisurf software, but clients have the freedom to use virtually any CMM software.” Every AccuFLEX CMM is powered by Renishaw controllers, amplifiers, and scales, permitting any Renishaw probe head technology to be utilized. Options include Renishaw’s 3-axis PH10, its 5-axis PH20, as well as its revolutionary 5-Axis, scanning REVO-2. Renishaw controllers are not only compatible with all its probing systems, but also with all its sensors, which are I++ DME compliant, allowing integration with almost any CMM software. In addition, with the durable Renishaw gold-plated scales, superior dependability, and repeatability, as low as 1.9 µm, can be achieved. Furthermore, the AccuFLEX CMM line easily gathers non-contact measurements at the highest accuracy level with Nikon’s L100 and LC15DX CMM laser scanners. Every machine is equipped with Tsunami’s Air Filtration System, which eliminates virtually all contaminants from the compressed air system. Thanks to this air filtration system, down time is reduced and the CMM’s lifespan is increased. “Made to Measure not only sells AccuFLEX CMMs, but our team of metrologists and technicians use them every day. We know first-hand about the accuracy, speed, and flexibility required to inspect high-volume, tight-tolerance and complex geometries. We supply CMMs that offer superior capabilities and bring unparalleled value to every client project,” declared Mr. Bley. Key Attributes of the AccuFLEX Coordinate Measuring Machine Portfolio - AccuFLEX elite is a traditional bridge-style CMM, which provides uncompromising accuracy and versatility. Its all-granite construction provides stable performance. With a zero hysterisys (zero-drag) belt drive, smooth repeatable movement can be achieved. It is ideal for serving the medical, aerospace, plastics, and machining industries. - AccuFLEX enduro is a ruggedly designed CMM built to withstand the harsh conditions of a shop floor. Its compact size, no air requirements, and temperature compensation allow it to be easily positioned next to a production line. This allows added convenience and efficiency. The AccuFLEX enduro is an operator friendly CMM, which does not require a trained metrologist to run it. It best serves manufacturing and fabrication companies. - AccuFLEX horizon is a horizontal arm CMM, ideal for measuring parts that are exceptionally long or tall including body-in-white components and sub-assemblies. This flexible machine is constructed of a granite base, spring balanced Z-axis and an advanced composite Y-axis for stability. It is available in single or dual arm configurations and suitable for the shop floor. It best serves the automotive industry, large assembly, and sheet metal fabricators. - AccuFLEX atlas has an open-access structure, enabling easy inspection of large parts. This gantry CMM offers high precision bearing in all axes, which allows it to measure huge volumes of large or heavy parts without compromising accuracy. Automotive, aerospace, and other large component manufacturers are ideal clients for the AccuFLEX atlas. Made to Measure delivers a superior, turnkey experience with every CMM. The company provides financing, shipping, installation, and calibration, along with training, CMM programming, consulting, and US based customer support. To learn more about AccuFLEX CMMs, schedule a demo, download a brochure, or request a proposal. Please visit www.accuflexcmm.com. About Made to Measure Made To Measure Metrology is a leading provider of metrology equipment and services with clients throughout North America. The company’s comprehensive portfolio includes CMM equipment and a suite of services such as first article and dimensional inspections and measurements, CMM calibration and programming, onsite training/service, reverse engineering, part sorting and inspection, consulting, and overcapacity support. Made to Measure has a team of highly experienced metrologists who are AUKOM-certified, trained in all aspects of dimensional inspection, and proficient at finding custom solutions. With their expertise, Made to Measure can support any company regardless of its level of metrology proficiency or size, serving small manufacturers to advanced quality departments at large businesses. For more information, please visit https://madetomeasurecmm.com/ Contact Details For further information, contact: Damon Henrikson +1 331-222-0733 damon@measure911.com

February 08, 2022 08:30 AM Central Standard Time

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Truck It In raises the largest seed round in MENAP trucking space

Truck It In

Homegrown logistics tech startup Truck It In has closed a $13 million seed round jointly led by venture capital firms Global Founders Capital and Fatima Gobi Ventures. The seed round is the largest of its kind in the MENAP (Middle East, North Africa, and Pakistan) region, blowing out previous highs seen in 2021, which was already a banner year for Pakistani startups. The latest seed round brings the total raised capital to $17.5 million, which will support Truck It In’s mission to transform Pakistan’s road freight industry. The round also saw participation from Wamda, Picus Capital, Millville, Graph Ventures, Zayn Capital, i2i Ventures, ADB Ventures, Cianna Capital, Reflect Ventures, and K3 Ventures. Pakistan is one of the largest road freight markets in the Middle East and North Africa, representing a $25 billion annual opportunity, 10% of national GDP. Truck It In aims to be the nexus of road freight in the country by simplifying business for Pakistan’s three million SME businesses and SME truckers (80% of the supply market), who operate in an increasingly complex and deeply fragmented industry. Muhammad Sarmad Farooq, CEO of Truck It In, said, “This seed round comes at an opportune time, as the funds will be deployed to expand our business, driving hiring across all functions, focusing on engineers to help double down on product development and increase our digital penetration in the market. SMEs are reliant on mental notes and telephone calls to run their businesses. Truck It In is leading efforts to bring efficiencies here by building a platform to ensure that SMEs have the right tools and services to thrive today. We are looking to transform the experiences of shippers and truckers, heralding them into the digital future. We are on an exciting journey creating value and solving deep-rooted challenges. In the past year, our revenue has grown 37x, we have expanded into 100+ trade lanes, and added 200 talents, as Truck It In continues to create impact every day. The impact generated allows truckers to lead better economic lives while serving the country.” Truck It In is another key investment by Global Founders Capital that partners with fast-growing companies with huge potential to transform their industries. Tito Costa, the partner at Global Founders Capital, said, “The team at Truck It In is transforming the logistics industry in Pakistan at an unprecedented pace. We are honored to back them again to expand their coverage further and bring their solution to shippers and truckers across the country. ” Fatima Gobi Ventures (FGV), a VC focused on backing promising early-stage Pakistani ventures, is also excited to play a role in developing such an impactful company. Ali Mukhtar, General Partner of FGV, said, “The pandemic has accelerated digital adoption among larger players, widening the gaps of the haves and have-nots in the logistics world. We believe Truck It In is key to closing this gap by making it easy for SME truckers to streamline operations and compete on a more level playing field while keeping costs competitive and serving as a vital lifeline for Pakistan’s thriving economy. With Sarmad and his team at the wheel, Pakistan’s SMEs are in pole position for a strong, sustainable, digital future.” Alejandro Montealegre from Millville Opportunities Master Fund said, “We are excited to back Truck It In’s high caliber team who are providing tremendous value to a critical sector of Pakistan’s economy." Kalsoom Lakhani, Co-Founder & GP at i2i Ventures, said, “Pakistan’s trucking industry presents an enormous opportunity for innovation & disruption, and we have a deep conviction in the Truck it In team, who are tackling this head-on. We are impressed by their execution and honored to support them on their journey as their investors.” Faisal Aftab, Co-Founder Zayn Capital, said, “The Truck It In team has exhibited exceptional scaling ability by rapidly capturing significant market share in this fragmented industry. The team has the tenacity to solve problems unique to Pakistan, creating efficiency for customers and suppliers.” About Truck It In Truck It In is Pakistan’s fastest-growing road freight tech platform servicing clients across Pakistan. The company started operations in 2020 and aims to unlock more than $1 billion for Pakistani businesses through its trucking platform. https://www.truckitin.com/ About Global Founders Capital Founders drive incredible opportunities in the world, and we are their greatest advocates. That’s because our team has built multi-billion dollar technology businesses from scratch and has thrived through all the twists and turns of entrepreneurship along with it. Over the past two decades, we have backed over five hundred entrepreneurs worldwide. Facebook, LinkedIn, Zalando, Lazada, Traveloka, Trivago, Jumia, Away Travel, HelloFresh, Eventbrite, Funding Circle, Slack, Revolut, Canva, Delivery Hero and HomeAway represent a few of our global successes. Global Founders Capital manages over $1.2 billion of committed capital and invests out of eleven offices worldwide. https://www.globalfounders.vc About Fatima Gobi Ventures By bringing together one of the largest conglomerates in Pakistan, Fatima Group and one of the most active multi-national venture capital firms in Asia, Gobi Partners, Fatima Gobi Ventures is fusing local expertise with regional VC know-how. We invest intelligently, using data collated from the flourishing entrepreneurial ecosystems of Northeast and Southeast Asia to identify companies locally that have the edge and drive to go beyond Pakistan’s borders. Simultaneously, we accelerate the growth of founders by benchmarking their businesses and linking them to the developed markets in Asia. For more information, please visit https://fatimagobi.vc/ About Wamda Wamda accelerates entrepreneurship ecosystems throughout the Mena region by joining Wamda’s multi-stage, sector-agnostic investment vehicle, focused on partnering with high growth technology or technology-enabled startups, as well as the leading knowledge platform offering integrated programmes including thought leadership and research, community development, Wamda’s fellowship programme Wamda X, as well as corporate and government advisory services to the various stakeholders of the Mena startup ecosystem. Contact Details Truck It In Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.truckitin.com/

February 04, 2022 07:00 AM Eastern Standard Time

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TRAVEL TECHNOLOGY ASSOCIATION CALLS FOR END OF PRE-DEPARTURE COVID-19 TESTING FOR INBOUND VACCINATED TRAVELERS

Travel Tech

The Travel Technology Association (Travel Tech), the voice of the travel technology industry, called for eliminating the testing requirement for US-bound vaccinated travelers based on data and science. On January 19, 2022, The World Health Organization recommended the following to state parties: “Lift or ease international traffic bans as they do not provide added value and continue to contribute to the economic and social stress experienced by States Parties. The failure of travel restrictions introduced after the detection and reporting of Omicron variant to limit international spread of Omicron demonstrates the ineffectiveness of such measures over time.” Steve Shur, President of Travel Tech, issued the following statement suggesting rebuilding the global travel and tourism sector by taking a risk-based, data-driven, long-term approach to the endemic: “Travel Tech’s members who maintain the transparent and competitive marketplace for travel, urge the US Government to act on behalf of travel consumers globally, who desperately want to get back to seeing family and friends, business travel and exploring the wonders of the world. With the recently announced WHO recommendations, Travel Tech fully supports revising US international travel restrictions that are aligned with prevailing data driven methodologies while calculating potential risks. Travel Tech urges the US government to eliminate the 24-hour pre-departure testing requirement for vaccinated inbound passengers. Governments around the globe continue implementing and revising a wide variety of vaccination, testing, and quarantine requirements. These measures failed to prevent the spread of Covid. Restrictions slowed the recovery of our collective economies and the travel and tourism industry overall. Reconsideration of these policies is overdue. The UK, Italy, Denmark, and others are leading by relaxing travel restrictions. The US can’t afford to wait any longer.” ### About Travel Tech The Travel Technology Association (Travel Tech) is the voice of the travel technology industry, advocating for public policy that promotes transparency and competition in the marketplace to encourage innovation and preserve consumer choice. Travel Tech represents the leading innovators in travel technology, including global distribution systems, online travel agencies and metasearch companies, travel management companies, and short-term rental platforms. To schedule an interview with a Travel Tech spokesperson, contact Dan Rene of kglobal at 202-329-8357 or daniel.rene@kglobal.com. Please visit https://www.traveltech.org. Contact Details kglobal Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website https://www.traveltech.org.

February 02, 2022 06:00 PM Eastern Standard Time

iTradeNetwork Introduces Next-Gen Freight Solution for a Smarter, Faster, Fresher Supply Chain

iTradeNetwork

iTradeNetwork, the industry’s largest perishables network with over 8,000 food and beverage trading partners, proudly announces its next-generation transportation solution Freight —a streamlined way to combat the chaos of the present landscape, improve delivery performance, and maximize margins on every order moving through the supply chain. The pandemic radically altered consumer food spending habits, with an extraordinary rise in e-commerce sales and omni-channel experiences. This demand shock, combined with labor and equipment shocks in the logistics sector, has left fresh suppliers, buyers, and carriers reeling from unprecedented capacity and rate pressures when moving food across the supply chain. For consumers, this has resulted in empty shelves and substitutions. With 33 percent more consumers cooking more at home, pressure on buyers to prevent out-of-stock situations will only grow and companies that plan procurement and freight together have an advantage over those looking at them separately. Meeting demand and maintaining customer loyalty starts with building smarter supply chains and solutions that help businesses make smarter decisions, like iTradeNetwork’s new Freight solution. Freight is designed to help growers, shippers and buyers make the best margin-saving decisions in a chaotic environment by providing complete route planning, cost visibility, load building and load optimization prior to sending a purchase order so logistics can be a part of the overall purchasing decision. Its intuitive look and feel powers a simplified experience that makes decision-making easier, faster and smarter. With Freight: Build more profitable loads: combine purchase orders to optimize loads with automatic recommendations and safeguards to prevent costly product loss, using a best-in-class, intuitive look and feel. Build loads faster: smarter optimization–predictive loads, automatic recommendations for the best carriers, and real-time updates. Maintain constant visibility: leverage Freight’s bird’s eye view of every aspect of a product’s journey. “In today’s environment, Wayne Gretzky’s advice comes to mind: ‘Skate to where the puck is going, not where it has been.’ We believe a lesson companies in the food supply chain can take from the pandemic is that logistics needs to be as proactive and strategic as possible instead of reactive. Our Freight solution moves it in that direction. Built on our industry-leading procurement platform, it simplifies combining purchase orders into loads, recommends optimal loads, and helps procurement and freight planners make the best decisions possible to secure the maximum margin on every purchase order,” said Nathan Romney, chief product officer for iTradeNetwork. To learn more about Freight, visit itradenetwork.com/itradefreight/ or contact sales@itradnetwork.com. ABOUT ITRADENETWORK iTradeNetwork, Inc. (ITN) is the leading global provider of supply chain management solutions for the food and beverage industry. Built upon deep industry expertise, a rich data foundation and the industry’s most extensive trading partner network, iTradeNetwork’s collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers, and wholesalers of all sizes to reduce cost, grow revenue and strengthen trading partner relationships. Today, iTradeNetwork’s growing customer list includes thousands of global companies. For more information, visit: www.itradenetwork.com. Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 itn@landispr.com Company Website https://www.itradenetwork.com/

February 01, 2022 06:02 AM Pacific Standard Time

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