News Hub | News Direct

VinFast partners with Gotion High-Tech in LFP battery cell R&D

Vingroup

VinFast LLC and Gotion High-Tech Co., Ltd (China) - a reputable name in the global clean energy sector - signed an MoU, focusing on the procurement of Gotion LFP batteries and discussion of the possibility to establish a Giga Factory - the first-ever LFP battery cell production facility in Vietnam. HANOI, VIETNAM - Media OutReach - 23 August 2021 - According to their agreement, VinFast and Gotion High-Tech will jointly carry out the R&D and production of lithium iron phosphate (LFP) batteries. LFP battery is currently the most mainstream battery technology in the global new energy vehicle market, with unique advantages of high safety and long life. It is worth noting that LFP batteries can be produced without using expensive and rare materials such as cobalt and manganese that are harmful to workers and the environment. In addition, the price of LFP batteries is competitive, which reduces the production cost of electric vehicles, especially small and medium-sized vehicles. Gotion High-Tech is a leading manufacturer of LFP batteries for electric vehicles, energy storage systems, and other applications in China and across the world. The company has also had many years of experience in battery research & development and boasts thousands of patents and licensed technological applications. So far, Gotion High-Tech has founded 8 R&D centers in China, the US, Japan, Singapore, Germany and India. Chairman of Gotion High-Tech Mr. Zhen Li shared: "Gotion High-Tech will definitely use its cutting-edge technology and rich experience in battery manufacturing to fully support VinFast's electrification strategy. VinFast electric models equipped with Gotion batteries must also be popular among consumers. Let us work together to advance the development of the new energy industry and accelerate the realization of the goal of "carbon neutrality" between China and Vietnam and the world." For VinFast, exploring the local production of LFP batteries in Vietnam is part of the car maker's efforts to establish a clean energy ecosystem and localize parts supply. "The collaboration with such a prestigious battery manufacturer in the world as Gotion is among VinFast's essential action plans for developing its smart electric cars and complete supply chains. Our ultimate objective is to establish a clean energy ecosystem, contributing to cutting carbon emissions in Vietnam as well as in VinFast's global markets." – said Thai Thanh Hai, Vice Chairwoman of Vingroup. To reinforce its electrification strategy, VinFast has been fostering collaborations with a number of prestigious partners around the world, including those from Israel, Taiwan, the US, etc., These ties are aimed at boosting R&D and application of the most advanced battery technologies, such as solid-state battery, extreme fast charging, new materials, new battery designs, etc. These technologies are expected to allow new batteries with high energy density, longer ranges for EVs, superior safety, longer lifespan, cost optimization and eco-friendliness. In addition, Vingroup has recently established VinES Energy Solutions JSC focusing on research and manufacture of batteries for electric vehicles. VinFast also has plans to build production facilities for battery and charging equipment in the US and Europe, as part of its global expansion strategy. By taking drastic actions, VinFast is gradually realizing the goal of becoming a leading global electric vehicle company and affirms its strong commitments to speeding up the trend of green transportation around the world. About Vingroup and VinFast As the largest private conglomerate in Vietnam and one of the largest in Asia, Vingroup is currently doing business in three core sectors namely technology, industry and services. In all sectors it has participated in, Vingroup is always a pioneer that leads market trends and creates world-class products and services of Vietnam. Find out more at: https://www.vingroup.net/en. VinFast - a member of Vingroup - is Vietnam's leading manufacturer of premium automobiles and the first Vietnamese automotive brand to launch in global markets. Established in 2017, VinFast's state-of-the-art, 90% automated manufacturing complex in northern Vietnam is one of the largest in Southeast Asia. Designed to be one of the world's leading smart electric mobility companies, VinFast currently produces several models of electric scooters and buses in Vietnam, and will launch three new electric SUVs - VF e34, VF e35 and VF e36 respectively of C, D and E classes - in Vietnam, North America and Europe in 2021 and 2022. About Gotion High-Tech Gotion is a technology-driven international company which focuses on power battery development and production. Gotion was founded in 2006 and went public in May 2015 as China's first power battery company to enter the capital market. Gotion specializes in batteries for new energy vehicles, energy storage application, power transmission and distribution equipment, and other new energy business, and now has 10 production bases in China. In addition, Gotion has built 8 R&D centers in Hefei / China, Shanghai, Silicon Valley, Cleveland, Tsukuba / Japan, Singapore, Germany, and India. Gotion has more than 2,000 professional R&D engineers and scientists and has been granted 2,797 patents in different fields. #Vingroup #VinFast #Gotion Contact Details Vingroup v.nammh@vingroup.net

August 22, 2021 09:30 PM Eastern Daylight Time

Image

Foresight Announces Second Quarter 2021 Financial Results

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX), today reported financial results for the second quarter of 2021. Foresight ended the second quarter of 2021 with $52.3 million in cash, cash equivalent and short-term deposits. The Company reported U.S. generally accepted accounting principles (GAAP) net loss of $3.2 million and non-GAAP net loss of $2.7 million for the second quarter of 2021, compared to GAAP net loss of $4.4 million and non-GAAP net loss of $3.2 million for the first quarter of 2021, reflecting a decrease of $1.2 million and $0.5 million, respectively, resulting primarily from financial income accrued during the second quarter of 2021. “Foresight continues to achieve remarkable progress as it expands into new markets and geographic areas,” said Haim Siboni, Foresight’s Chief Executive Officer. “We believe that our prototype sale to a leading agriculture and construction machinery manufacturer demonstrates the potential of our QuadSight ® vision system in the agricultural equipment market, while our coming proof of concept with the American subsidiary of a leading European passenger car manufacturer shows the continued appeal of our technology to the automotive industry.” “The second quarter also saw important milestones for our wholly-owned subsidiary, Eye-Net Mobile, as well as our affiliate, Rail Vision Ltd. (“Rail Vision”). Eye-Net Mobile pilot projects expansion in Japan and Europe, and the announcements that Rail Vision has filed a draft prospectus for an initial public offering on the Tel Aviv Stock Exchange, reflect the ambitious goals and long-term growth anticipated by both companies.” Second Quarter 2021 Financial Results Research and development (R&D) expenses, net for the three months ended June 30, 2021 were $2,436,000, compared to $1,876,000 in the three months ended June 30, 2020. The increase is attributed mainly to an increase in payroll and related expenses and an increase in subcontracted services. General and administrative (G&A) expenses for the three months ended June 30, 2021 were $812,000, compared to $634,000 in the three months ended June 30, 2020. The increase is attributed primarily to an increase in share-based compensation expenses to employees and service providers. GAAP net loss for the three months ended June 30, 2021 was $3,163,000, or $0.01 per ordinary share, compared to a GAAP net loss of $3,331,000, or $0.02 per ordinary share, in the three months ended June 30, 2020. The decrease in the net loss is attributed mainly to the increase in financing income, net, offset mainly by an increase in payroll and related expenses. Non-GAAP net loss for the three months ended June 30, 2021 was $2,661,000, or $0.01 per ordinary share, compared to a non-GAAP net loss of $3,136,000, or $0.02 per ordinary share, in the same quarter last year. A reconciliation between GAAP net loss and non-GAAP net loss is provided in the financial statements that are part of this release. Balance Sheet Highlights Cash and cash equivalents and short-term deposits totaled $52.3 million as of June 30, 2021, compared to $43.9 million as of December 31, 2020. GAAP shareholders’ equity totaled $55.3 million as of June 30, 2021, compared to $47 million as of December 31, 2020. The increase is attributed to the receipt of proceeds from the securities offerings completed during the first quarter of 2021 and option exercises, offset by the net loss for the same period. Second Quarter Corporate Highlights: Foresight Chosen for Joint POC Project by a Leading European Auto Manufacturer: Foresight was chosen by the American subsidiary of a leading European passenger car manufacturer to provide a proof-of-concept (POC) to test Foresight’s stereoscopic technology. Following successful completion of the project, the European passenger car manufacturer may consider integrating Foresight’s solutions into its vehicle safety applications. Foresight Receives Prototype Order of QuadSight Vision System from Leading Agricultural Equipment Manufacturer: In June, Foresight announced the sale of a prototype of its QuadSight four-camera vision system to a leading global manufacturer of agricultural and construction equipment. The manufacturer will evaluate the QuadSight system for use in agricultural machinery, marking the Company’s first sale to the agricultural equipment market. Foresight’s advanced thermal stereoscopic capabilities are designed to offer added value to precision agriculture and automated navigation. Rail Vision Files Draft Prospectus for Initial Public Offering: In May, Rail Vision, an affiliate of Foresight, filed a public draft prospectus for an initial public offering and registration for trade of its securities on the Tel Aviv Stock Exchange. Rail Vision intends to simultaneously test the prevailing conditions on the Israeli capital markets towards a potential public offering. The filing of a final prospectus is subject to a permit from the Israeli Securities Authority and the approval of the Tel Aviv Stock Exchange. Eye-Net Mobile to Pursue Potential Nasdaq Listing: Foresight’s wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net Mobile”), announced in May that it intends to pursue a potential listing on the Nasdaq Stock Market. The strategic decision was made following a resolution of the board of directors of both Foresight and Eye-Net Mobile. Eye-Net Partners with WebSIA for Exclusive Distribution in Brazil: In April, Foresight announced that its wholly owned subsidiary, Eye-Net Mobile, signed a distribution agreement with WebSIA Soluções Disruptivas, Inteligências Associadas, Tecnologia e Serviços Ltda. (“WebSIA”), a Brazilian distributor, developer and integrator focused on cutting-edge technologies. WebSIA will exclusively promote the Eye-Net Protect accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo, Brazil’s most densely populated and technologically advanced region. Rail Vision Signs Agreement to Supply Prototype to Rio Tinto Railway Network: In May, Foresight’s affiliate Rail Vision announced an agreement to supply equipment, services and personnel to the Australian rail company Rio Tinto Railway Network. According to the agreement, Hitachi Rail STS, the project integrator, will supply Rio Tinto with a prototype of Rail Vision’s Collision Avoidance System to conduct demonstration and feasibility testing for a proof-of-concept project. Successful demonstrations may lead to Rail Vision outfitting Rio Tinto’s entire fleet of approximately 220 vehicles with its systems. Use of Non-GAAP Financial Results In addition to disclosing financial results calculated in accordance with United States generally accepted accounting principles (GAAP), the company's earnings release contains non-GAAP financial measures of net loss for the period that exclude the effect of stock-based compensation expenses. The company’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of the company's ongoing operations. Management also uses both GAAP and non-GAAP information in evaluating and operating business internally and as such deemed it important to provide all this information to investors. The non-GAAP financial measures disclosed by the company should not be considered in isolation or as a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. Reconciliations between GAAP measures and non-GAAP measures are provided later in this press release. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of sensor systems for the automotive industry. 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” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement. The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. 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. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the potential of the Company’s QuadSight ® vision system in the agricultural equipment market and the continued appeal of Foresight’s technology to the automotive industry, long-term growth anticipated by both Rail Vision and Eye-Net Mobile, that following the successful completion of the POC project, the European passenger car manufacturer may consider integrating Foresight’s solutions into its vehicle safety applications, that Rail Vision intends to test the prevailing conditions on the Israeli capital markets towards a potential public offering, that Eye-Net Mobile intends to pursue a potential listing on the Nasdaq Stock Market, that WebSIA will exclusively promote the Eye-Net Protect accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo, and that successful demonstrations of Rail Vision’s Collision Avoidance System may lead to Rail Vision outfitting Rio Tinto’s entire fleet. 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. Investor Relations Contact: Miri Segal-Scharia CEO MS-IR LLC msegal@ms-ir.com 917-607-8654 FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS U.S. dollars in thousands 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/

August 20, 2021 04:05 PM Eastern Daylight Time

Cloud Conventions Introduces SafetyNet to Create a Virtual Backup Plan for Live Events

Convey Services

Cloud Conventions today introduced SafetyNet ™, a new program to provide a virtual event backup options for associations, tradeshows, event managers or trade groups that have a live event scheduled now or in the near future. SafetyNet provides a standby virtual event platform that can be activated if needed when attendance for a live event declines or if there is a requirement to pivot to an all-virtual program. A SafetyNet platform can be brought online in a matter of days without technical support or programming. Cloud Conventions is a sophisticated event management platform that redefines the attendee and exhibitor experience with a strong focus on delivering virtual and hybrid events, regardless of size or budget. “It seems like a repeat of 2020 as event managers, associations and other trade groups are struggling to decide if they should cancel their live event, shift to virtual or hybrid, or take other precautions to make attendees and exhibitors feel safe,” said Carolyn Bradfield, CEO of Cloud Conventions. “Any group hosting live events today needs a virtual backup plan that can be activated to ensure attendees and sponsors can participate in industry sessions, continuing education and still make connections that they would miss when they can’t attend in person.” SafetyNet maintains a low-cost Cloud Conventions virtual platform on standby behind a private login until required. It is hosted on a custom URL, is fully branded, customized and organized to host live or on-demand sessions, exhibitor and sponsor booths or provide a resource center for all event-related content. Attendees can be imported from a live event registration system and have their record transferred to SafetyNet including demographics and event access permissions. Sponsors are assigned a virtual booth template and configured to go live without technical assistance, in a matter of hours. “Now that live events have partially returned, many groups ask themselves if virtual events are worth it, so they only focus on their in-person event, often to their detriment,” added Bradfield. “A 2020 study of 1,000 respondents, ‘ Association Trends: From Disruption to Opportunity’ produced by Community Brands, details that having a virtual option for membership participation has changed from a nice-to-have to a must have. Some live events scheduled for the fall of 2021 are being abruptly cancelled due to on-going COVID risks. This is clearly an indicator that the pandemic is far from over. A SafetyNet option is the best insurance that the show will go on, no matter what.” SafetyNet is offered for a low, setup fee to create a fully branded and configured virtual environment. If the organizer chooses to go live with a hybrid or all-virtual event, the setup fee applies to the event package. Show managers can choose as much or as little assistance from Cloud Conventions to bring their event online quickly with all the features needed to educate and engage attendees. Having a virtual option guarantees a rewarding experience for attendees, better ROI for sponsors and ensures smoother event operation for organizers. Explore SafetyNet at: https://cloudconventions.com/page/139455/safetynet. About Cloud Conventions Cloud Conventions from Convey Services is Cloud Conventions is an enterprise virtual/hybrid event management platform that redefines the exhibitor and attendee experience to allow companies to provide easy access to in-depth product information, showcase their brands with graphics and videos, create calls to action and generate immediate sales leads. Used around the world for large managed events and smaller self-directed meetings, conferences and corporate kickoffs, Cloud Conventions automates exhibitors and virtual booths, continuing education, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity. Cloud Conventions supports multiple languages and currencies, internal, external and single-sign on registration, and supports all conferencing carriers and platforms. Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com or call 888-975-1382. Cloud Conventions™, Community™, SafetyNet™, Cloud Kickoffs™, Conduct™, One-Touch Email Share™, Hub & Spoke™, 360° Virtual Exhibit Hall & Lobby Experience™ and ListLock™ are trademarks of Convey Services LLC Contact Details Bruce Ahern +1 770-580-0810 bahern@conveyservices.com Company Website https://cloudconventions.com

August 19, 2021 10:29 AM Eastern Daylight Time

30 Year Custom Van Builder Announces New Line Of 4x4 Adventure Vans

Field Van

Field Van, a premier choice for customized Van Campers, Class B Motorhomes, and other recreational all-terrain vehicles, has announced the release of a new line of 4x4 adventure vans, as well as the exclusive Field Van “Classic” based on the Econoline cutaway chassis. Field Van offers five series to choose from, with several tried and true floor plan options that integrate onto different chassis to meet individuals’ specific driving and off-roading preferences. Select models also provide more headspace through integrated pop-tops that drop flush with the roof for a streamlined look when not in use. Individuals can further personalize their vehicles with specialized exterior upgrades, cabinets, countertops and appliances that can withstand rugged conditions. “We are so excited to announce a new line of vans that incorporate over three decades of industry experience and customer feedback,” said Jonny Feld, President and CEO of Field Van Inc. “It is incredibly humbling to know the Feld family name has built a strong legacy already and will live on through Field Van. In fact, we’ve already generated so much interest that we have a waitlist of over 15 months! I view that as the perfect testament to our teams’ hard work and craftsmanship.” The Field Van team are trusted leaders in the custom van industry with over 30 years of experience and thousands of satisfied customers. This release follows the recent launch of the new Field Van brand, a name that plays off the founders’ last name, Feld. The rebrand has enabled Field Van to fulfill a meaningful new vision influenced by the belief that customers should have the freedom to create their adventures from start to finish. Field Van also recently announced a new 10,000 square foot facility in Reno, Nevada, that has increased its output and expanded operations to now include over 80 employees. Customers can expect the same service, quality, and dedication to craftsmanship that has been offered over the last few decades while incorporating fresh designs and constant innovation. Feld notes, “When people buy a Field Van, they become part of the family. Our team is passionate about the craftsmanship of building reliable, customized vans. We place our commitment to you, our customers, as our highest priority. On behalf of all of us at Field Van, thank you for your support. We look forward to helping thousands of people to get on the road and assisting in the process to “Create Your Adventure.” About Field Van: Founded in 2020 by the Feld family who has been building vans since 1990, Field Van has grown into a formidable retailer of custom-built Van Campers, Class B Motorhomes, and recreational all-terrain vehicles that enable outdoor enthusiasts to create their own adventures. The Field Van expertise and customer service are only rivaled by their dedication to push limits and create new experiences through innovation. To learn more, visit us at fieldvan.com, follow our latest adventures on Instagram, Twitter and Facebook, or connect with us on LinkedIn. Contact Details Marilyn Cowley marilyn@premprsocial.com Marissa Tatro marissa@premprsocial.com Company Website https://fieldvan.com/

August 18, 2021 01:30 PM Pacific Daylight Time

GET Group North America Teaming with Scytáles to Demonstrate Global Mobile Driver’s License Interoperability at AAMVA’s AIC 2021

GET Group North America

GET Group North America, an innovative developer of mobile ID technology with over 20 years of experience in secure government credentials, will be demonstrating GET Mobile ID and GET Mobile Verify alongside its international technology partner, Scytáles, at AAMVA’s 2021 International Conference. Together, the companies will be demonstrating how a mobile driver’s license (mDL) solution that is fully compliant with the ISO 18013-5 standard allows people to use their Mobile ID worldwide through secure, contactless interactions that also safeguard their privacy. Select attendees will be able to get their personalized mDL and travel between GET’s booth, representing America, and Scytáles’ booth, representing Sweden. These mDL holders will complete mock TSA, banking and age-based purchase transactions and collect giveaway items. “The successful adoption of large-scale mobile driver’s license adoption hinges not only on the ability for an mDL issued in one’s home state to be accepted across the USA, but also to be recognized internationally as a legal form of ID,” said David Kelts, director of product development, mobile ID, GET Group North America. “Creating a truly global mDL ecosystem requires technology that fully complies with the ISO standard for mobile ID, and that’s the full solution GET and Scytáles offer now and will be demonstrating.” “Many jurisdictions around the world are moving towards a mobile driver’s license offering and should make sure they’re choosing technology that adheres to internationally-recognized security and interoperability standards,” said Geoff Slagle, president & chief business development officer at Scytáles. “North Americans travel extensively. Investing time and resources in the transition to mDL could slow if jurisdictions don’t ensure their digital credentials comply with the larger ecosystem – and we’re very excited to demonstrate how that’s possible at AIC 2021.” The Utah Driver License Division (DLD) is currently conducting an mDL pilot using GET Group North America’s technology, making it the first in the country where both ID Issuer and businesses are fully ISO 18013-5-compliant. Utah Community Credit Union and Harmons Grocery have been among the first to pioneer implementation of verification technology that allows state-issued mDLs to be accepted without the subjectivity of visual inspection. mDL also facilitates totally contactless ID checks that put the citizen in control of the data they share based on the nature of the transaction. GET Group North America will be in booths 512 & 513 at the AAMVA Annual International Conference taking place August 31-September 2, 2021, in Denver, CO. Scytáles will be in neighboring booths 510 and 511. Representatives from the Utah Driver License Division will be able to share their experience piloting mDL technology. Scytáles will have a delegation from Europe to discuss the significance of global interoperability. Schedule a demo at the show here; or for media inquiries contact rita.murphy@svmpr.com. About GET Group North America GET Group North America and its partners develop, manufacture, and implement end-to-end solutions for secure physical and mobile credentials that enable government agencies, motor vehicle departments, municipalities law enforcement organizations, and other entities to leverage the latest in secure identity management technologies. From photo ID cards, driver’s licenses and passports, to mDLs and mIDs, GET Group NA delivers advanced issuance, verification and personalization capabilities that prevent identification fraud, accommodate diversified customer needs, and support the future of ID use cases. Contact Details SVM Public Relations Rita Murphy +1 401-490-9700 Rita.murphy@svmpr.com Company Website https://getgroupna.com/

August 18, 2021 11:00 AM Eastern Daylight Time

Agora Data to Present at NIADA Convention

Agora

Agora Data’s SVP of Sales, Chris Barry, will present " Groundbreaking Changes in Auto Financing" at the National Independent Auto Dealers Association (NIADA) Convention and Expo being held August 23-26 in San Antonio, Texas. Barry will present on August 25 at 2:15 p.m. A revolution is happening in the auto finance industry. New funding options are giving Buy Here Pay Here (BHPH) dealers and small to mid-size finance companies the same financial advantages large dealerships and finance companies have always enjoyed. Chris Barry is uniquely qualified to highlight and detail the advantages these industry-changing financial solutions offer and what they mean for the underserved and underbanked BHPH industry. “Timing is perfect for dealers to take advantage of financial solutions that create access to endless capital to help increase inventory,” said Agora Data’s Chris Barry. “Agora’s innovative approach represents a monumental shift that enables dealers by providing the cash needed to buy more inventory and exponentially expand their businesses. By Agora’s delivering lower interest rates to the dealers, dealers can offer their customers more affordable loans.” In addition to funding advantages from Agora, any size of dealer immediately benefits from Agora’s platform by connecting their portfolio to obtain customized analytics and analysis of their portfolios – free of charge. In addition, members can explore a multitude of capital-rich options based on growth goals such as selling loans, borrowing, or refinancing at low-interest rates. Recognizing the challenges that have traditionally hobbled BHPH dealers and small-to-mid-size finance companies, Agora Data is on a mission to empower the industry. Agora Data will be in booth #422 at the 2021 NIADA Convention. Representatives will be ready to discuss all the tools, analysis, and new developments in auto financing that Agora Data brings and how Agora can generate increased successes for dealers, finance companies, and their customers. About Agora Data, Inc: Agora Data is a platform built to deliver a suite of tools to empower buy-here-pay-here dealers and finance companies to maximize their success. Agora is disrupting and influencing the industry by connecting its dealer and finance company members to Wall Street and other capital resources that were previously only available to large dealer groups. Agora Data’s family of auto finance products provides a wide range of critical funding paths so originators can obtain the cash they need to fuel growth. Powered by Agora’s proprietary, radical, AI-infused technology platform, originators now have access to robust data analytics and planning resources to help optimize the performance of their portfolio. Agora Data made history by closing the first-ever Crowdsourced Subprime Auto Securitization in 2020 and followed that up with its second transaction in early 2021. For more information, visit agoradata.com and become a member or contact us at 877-592-4672. Contact Details Shelly Vandeven +1 682-282-4130 media@agoradata.com Company Website https://agoradata.com/

August 18, 2021 10:03 AM Eastern Daylight Time

Foresight Successfully Completes First Milestone of POC Project With a Leading European Vehicle Manufacturer

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the successful completion of a feasibility testing phase with a leading European passenger car manufacturer. This marks the first phase of the joint proof of concept (POC) project that was reported by the Company on May 28, 2021. Revenue from the completion of the first phase amounts to $40,000 out of a total expected revenue of $120,000. The POC project is expected to be completed in the fourth quarter of 2021. The POC project is meant to test the ability of Foresight’s stereoscopic technology to enhance the European vehicle manufacturer’s existing mono camera-based safety systems without requiring additional sensors and infrastructure. This may allow the European vehicle manufacturer to take existing safety systems to the next level of autonomy. The second phase of the project will consist of real-life testing. Following successful completion of the project and subject to the satisfactory outcome, the European vehicle manufacturer may consider integrating Foresight’s solutions into its vehicle safety applications. The POC project is made possible with Foresight’s patented automatic calibration solution which is designed to create a stereo system using two mono cameras with overlapping fields-of-view in order to enhance the performance of a vehicle’s advanced driver assistance system in terms of detection quality, distance accuracy and robustness. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the expected revenue from the POC project with the European vehicle manufacturer, the timing of the POC project, that the POC project may allow the European vehicle manufacturer to take existing safety systems to the next level of autonomy, that the second phase of the POC project will consist of real-life testing, and that the European vehicle manufacturer may consider integrating Foresight’s solutions into its vehicle safety applications. 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/

August 18, 2021 08:05 AM Eastern Daylight Time

Airbnb.org Program Offers Free, Temporary Housing to Disaster Victims

YourUpdateTV

Communities across the US are in the midst of hurricane and wildfire season. When disasters like this strike, many people find themselves in need of temporary housing and space to figure out what’s next. Airbnb.org’s emergency response program helps connect people to temporary places to stay in times of need. Recently, Kristen Berlacher, the Head of Airbnb.org Programs, teamed with YourUpdateTV on a satellite media tour to discuss this initiative and share tips on how to be better prepared for disasters and how to help impacted communities. A video accompanying this announcement is available at: https://youtu.be/OD7JPciKRbE The inspiration for Airbnb.org began in 2012 with a single host named Shell who opened up her home to people impacted by Hurricane Sandy. This sparked a movement and marked the beginning of a program that allows hosts on Airbnb to provide stays for people in times of need. Since 2012, the program has responded to hundreds of disasters and helped find temporary housing for evacuees and relief workers around the world. Airbnb helped people in times of crisis through the Open Homes initiative. Airbnb.org, a 501(c)(3) nonprofit, is the next chapter. The program has evolved to focus on emergency response and to help provide stays to evacuees, relief workers, refugees and asylum seekers, and most recently, frontline workers fighting the spread of COVID-19. How it Works: Airbnb.org will allow hosts on Airbnb to provide free and discounted stays to people impacted by emergencies, including the COVID-19 pandemic and natural disasters. These stays, which provide alternative accommodation and shelter options, are especially helpful to government and nonprofit partners in a year where the COVID-19 pandemic has made housing vulnerable people in traditional congregate shelters extremely challenging. Hosts who support Airbnb.org by offering free stays or making recurring donations will receive a special badge on their profile to recognize their generosity and commitment to communities in need. Anyone who finds joy in helping others, who believes in kindness and is interested in helping by opening their homes or donating to this cause, can learn more at airbnb.org/join About KRISTEN BERLACHER: As Head of Airbnb.org Programs, Kristen leads a global team that supports Airbnb.org’s efforts to help people impacted by natural disasters, refugees and frontline responders fighting the spread of COVID- 19. With a background in tech-enabled social impact, philanthropy and nonprofit management, Kristen, as an employee of Airbnb, oversees strategic partnerships, government relations, response operations and community engagement for Airbnb.org with the goal of leveraging Airbnb’s unique assets to provide innovative housing solutions and livelihood opportunities for vulnerable populations around the globe. Prior to Airbnb, Kristen led Hyatt Hotel Corporation’s global philanthropy programs focused on economic empowerment, disaster response and employee volunteerism. Before Hyatt, Kristen served as Deputy Director for Working in the Schools, a nonprofit focused on literacy programming for vulnerable youth. Kristen holds a BA in Leadership Studies from the University of Richmond, VA About Airbnb.org: Airbnb.org is a nonprofit organization dedicated to facilitating temporary stays for people in times of crisis around the world. Airbnb.org operates independently and leverages Airbnb, Inc.’s technology, services, and other resources at no charge to carry out Airbnb.org’s charitable purpose. The inspiration for Airbnb.org began in 2012 with a single host named Shell who opened up her home to people impacted by Hurricane Sandy. This sparked a movement and marked the beginning of a programme that allows Hosts on Airbnb to provide stays for people in times of need. Since then, the programme has evolved to focus on emergency response and to help provide stays to evacuees, relief workers, refugees, asylum seekers, and most recently, frontline workers fighting the spread of COVID-19. Since then, Hosts have offered to open up their homes and helped provide accommodations to 75,000 people in times of need. Airbnb.org is a separate and independent entity from Airbnb, Inc. Airbnb, Inc. does not charge service fees for Airbnb.org supported stays on its platform. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

August 17, 2021 05:05 PM Eastern Daylight Time

Video

Inc. Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000

Edison Interactive

Inc. magazine today revealed that Edison Interactive is No. 144 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. “Edison Interactive is honored to be recognized by Inc. 5000 on their list of America’s Fastest-Growing Private Companies, ranking 144 in the country and fourth in Colorado,” said Jeremy Ostermiller, CEO & Co-founder. “As we continue to expand the company’s portfolio with new partnerships and connected device solutions, we are incredibly grateful and exhilarated by the outstanding work and dedication of our employees and the results they drive. The support of our shareholders and partners means the world to us as we continue our growth in today’s digital-first world.” Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 20. “The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.” About Edison Interactive Edison Interactive is a leading provider of enterprise software for connected devices. Focused on digitally transforming the customer experience, EI is known for its vast network of premium displays, digital signage and infotainment solutions in a variety of industries including transportation, recreation and hospitality. The company’s end-to-end solution combines premium content, functional feature sets and monetization tools that enable brands to connect with their customers in more meaningful ways. Millions of consumers across the globe engage with the Edison platform on a monthly basis. The company was founded in 2016 and headquartered in Denver, Colo. For more information, visit www.edisoninteractive.com. More about Inc. and the Inc. 5000 Methodology Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. Companies on the Inc. 500 are featured in Inc. ’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000. About Inc. Media The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. For more information on the Inc. 5000 Conference, visit http://conference.inc.com/. About Edison Interactive Edison Interactive is a leading provider of enterprise software for connected devices. Focused on digitally transforming the customer experience, EI is known for its vast network of premium displays, digital signage and infotainment solutions in a variety of industries including transportation, recreation and hospitality. The company’s end-to-end solution combines premium content, functional feature sets and monetization tools that enable brands to connect with their customers in more meaningful ways. Millions of consumers across the globe engage with the Edison platform on a monthly basis. The company was founded in 2016 and headquartered in Denver, Colo. Visit www.edisoninteractive.com for more information. Contact Details Edison Interactive Frankie Cervantes +1 720-837-7421 frankie@edisoninteractive.com Company Website http://www.edisoninteractive.com

August 17, 2021 01:03 PM Mountain Daylight Time