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ThreatModeler Recognized as Silver Stevie® Award Winner for Best Cloud Platform by the 2022 American Business Awards®

ThreatModeler Software, Inc

ThreatModeler, a leader in securing cloud infrastructure from design to deployment, today announced that CloudModeler has earned a Silver Stevie® Award for Best Cloud Platform as part of the 20th Annual American Business Awards®. Optimizing ThreatModeler’s automated capabilities, CloudModeler enables organizations to implement true DevSecOps, providing actionable insights through continuous monitoring and empowering teams to discover unknown flaws in real-time. Designed with cloud migration in mind, CloudModeler enables DevOps teams to detect security flaws before they become code vulnerabilities, enabling instant remediation, mitigating risk and ensuring compliance post-deployment. “ThreatModeler is dedicated to creating a collaborative platform where security experts or non-security professionals alike can visualize design flaws within a few hours or minutes instead of weeks,” said Archie Agarwal, Founder and CEO, ThreatModeler. “This award highlights the value we have been able to deliver with CloudModeler, enabling enterprises to develop and deploy cloud architectures quickly, confidently and compliantly.” The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – large and small. More than 230 professionals worldwide participated in the judging process to select this year’s American Business Awards® winners. ThreatModeler’s distinction as a best cloud platform was clear to the ABA judges, who provided the following comments as part of their assessment of the CloudModeler solution: “A product designed with the specific pain point or niche market needs in mind, and solutioning implemented in a way that is easy to use, light to implement and maintain, brings efficiency and cuts cost from day one! ThreatModeler fits every category of this type of product. With the cloud being the top platform and destination for services and cybersecurity being the top priority and concerns of almost all businesses with a presence in cloud, threat modeling is a crucial part of the development cycle that ensures the product is secure and robust enough to protect both the business and the customers. I am impressed by the result metrics and statistics provided in the submission demonstrating how ThreadModeler has helped shorten the whole development efforts, cut costs, and avoid cyber risk and threats for its customers.” “[This submission] clearly demonstrates the success and growth of the company. ThreatModeler’s suite of products empowers DevOps to measure, design and validate threat drift from development to deployment within a fraction of the time and cost tied to other tools. Optimizing ThreatModeler’s automated capabilities, CloudModeler enables organizations to implement true DevSecOps, providing actionable insights through continuous monitoring, empowering teams to discover unknown flaws in real-time.” To learn more about ThreatModeler, CloudModeler and more, click here. Details on The American Business Awards and the list of Stevie winners are available here. About ThreatModeler Software, Inc. ThreatModeler Software, Inc.’s suite of products empowers DevOps to measure their threat drift from code to cloud. With a fraction of the time and cost tied to other tools, users can design, build and validate threat drift from development to deployment. Teams can instantly visualize their attack surface, understand security requirements and prioritize steps to mitigate threats. CISOs can make critical security-driven business decisions to scale their infrastructure for growth. About the Stevie Awards Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com. Contact Details Clayton Murtle ThreatModeler@luminapr.com

May 05, 2022 09:00 AM Eastern Daylight Time

Volatus Aerospace Expands Pipeline Inspection with Acquisition of Canadian Air National

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce the acquisition of Canadian Air National, a commercial aircraft operator specializing in contracted pipeline inspections for the oil and gas industry. Seth Moffat, President and CEO of Canadian Air National, will continue to lead the company. "The oil and gas sector has enormous growth potential as drone and AI-enhanced solutions are added to the mix of traditional crewed aircraft providing aerial patrol and inspections," says Luc Masse, Volatus Executive Vice President. "We are looking forward to supporting Seth and his team. They are a welcome addition to Volatus. Seth is a well-respected aviation professional who pilots for a major national airline in addition to being Vice Chair of the Flight Operations Specialist Group with the Royal Aeronautical Society." Seth Moffat stated: “I am exceptionally proud of the quality air operator that Canadian Air National has become, and recognize Volatus Aerospace as the right opportunity for future growth, development and technological advancement. The strength that Volatus brings to the company will significantly benefit our clients moving forward and ensure Canadian Air National remains part of the Canadian aviation landscape for years to come.” Canadian Air National is organized to conduct airborne inspections and patrols in Canada and the USA. Volatus intends to use this new capability to supplement and expand larger drone project opportunities. Wherever possible, Volatus will dronify operations to improve efficiencies. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

May 04, 2022 07:45 AM Eastern Daylight Time

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The Alliance for Education Releases Annual Report Demonstrating Support for Seattle Students

Alliance for Education

The Alliance for Education (the Alliance), Seattle’s only local education fund, released their 2021 annual report today. The report highlights the success of Alliance programs that support students, families, and teachers across all 106 Seattle public schools. According to the annual report, one program in particular, the Right Now Needs Fund, fulfilled 12,617 individual requests for support for students and families at Seattle Public Schools in the past year. The Right Now Needs Fund works directly at the school level to provide funding for clothing, food, health, internet, and housing costs for students and families across Seattle Public Schools, allowing students to focus on learning by supporting their success within and beyond the classroom. According to the report, of the requests fulfilled from September 2020 to August 2021, 56 percent provided food, 31 percent went toward shelter for students and families, six percent provided school supplies, six percent for clothing, and one percent funded internet costs. Since its launch in 2018 with a generous donation from Amazon, the Right Now Needs Fund has reported more than 35,000 individual instances of support for students and families across all 106 schools. “Our students succeed when they have access to an education system that equitably supports every student in Seattle’s diverse community. As an independent, local education fund, we act quickly to convene community partners to address these challenges by developing, investing, and partnering in programs and pathways that increase equity for Seattle students. We rely on the generous donations of our community to design, implement, and fund the programs and pathways that make Seattle Public Schools an equitable school system where our students thrive,” said Lisa Chick, CEO of the Alliance for Education. In addition to the Right Now Needs Fund, the Alliance raises funds and develops programs that address existing inequities preventing students from receiving the education they deserve. The 2021 annual report demonstrates the impact of its fundraising for the following programs that support Seattle teachers, students, and their families. The Seattle Teacher Residency program was developed in partnership with the University of Washington, Seattle Education Association, and Seattle Public Schools to train educators to teach in culturally and linguistically diverse communities. The program places diverse cohorts of highly-qualified teachers in Title I schools which are most impacted by poverty. Currently, 155 Seattle Teacher Residency graduates teach in Seattle Public Schools. The Education Equity Fund was created by the Alliance to serve Seattle students, families, and teachers during times of crisis. During the pandemic, the fund provided 10,000 laptops, 24/7 tech support, teacher training for remote learning, 25,000 meals for students, and more. The Alliance supported the creation of the Office of African American Male Achievement at Seattle Public Schools by raising $2.5 million to fuel its first three years of work. The Office of African American Male Achievement is the first of its kind in Washington, creating a framework that aligns strategy and practices across the district to ensure Seattle Public Schools has the culture, conditions, staff competencies, and community connections in place for all Black boys and teens to excel in their education. Together these programs offer necessary support to help Seattle students receive an excellent and equitable education to reach their fullest potential. Learn more about the Alliance’s philanthropic partnerships and programming impacts in the recently released annual report. ### The Alliance for Education works in close partnership with Seattle Public Schools and other community partners to convene stakeholders, create programs and raise funds designed to advance educational justice and racial equity in Seattle’s public school system. To learn more about the Alliance for Education, visit www.alliance4ed.org. Contact Details Elle Carlos +1 951-217-5380 ecarlos@wearerally.com Company Website https://www.alliance4ed.org/

May 03, 2022 08:03 AM Pacific Daylight Time

Hong Kong Baptist University joint research reveals that gut microbial enzymes reactivate triclosan which induces colitis

Hong Kong Baptist University

HONG KONG SAR - Media OutReach - 3 May 2022 - A Hong Kong Baptist University (HKBU) collaborative research study has revealed that certain gut microbial enzymes mediate the reactivation of triclosan (TCS) from its inactive glucuronide metabolite. TCS is an antimicrobial agent commonly used in a wide range of consumer products, and it is associated with the development of colitis. Professor Cai Zongwei, Chair Professor of the Department of Chemistry and Director of the State Key Laboratory of Environmental and Biological Analysis at HKBU, points out that according to the research results specific gut microbial enzymes drive the conversion of TCS metabolites to TCS which increases the chance of developing colitis. The research results have been published in Nature Communications, an international scientific journal. Mechanism of TCS exposure leading to colitis previously unclear TCS is widely used as an antimicrobial agent in consumer products such as toothpaste, mouthwash, hand sanitisers, cosmetics and toys. It is a major environmental contaminant, and it has been shown that TCS exposure increases the risk of colitis. Once TCS enters the human body, it is rapidly metabolised to form the biologically inactivemetabolite TCS-glucuronide (TCS-G), which is easily eliminated from the body. Due to this characteristic, the mechanism of how environmental exposure to TCS leads to gut toxicity in the human body has previously remained unclear. To answer this question, a research team co-led by Professor Cai Zongwei, Chair Professor of the Department of Chemistry and Director of the State Key Laboratory of Environmental and Biological Analysis at HKBU; Professor Matthew R Redinbo from the University of North Carolina at Chapel Hill; and Professor Zhang Guodong from the University of Massachusetts Amherst conducted a research study based on the hypothesis that certain gut microbial enzymes act on TCS-G in the gut, leading to the reactivation of TCS and the subsequent development of colitis. TCS concentration uniquely high in the gut To begin with, the research team sought to determine whether the gut has a different TCS metabolic profile compared to other body tissues. A group of mice were fed food that contained TCS. After four weeks, it was found that the biologically inactive TCS-G was dominant in their liver, bile, heart and small intestine, while the colitis-inducing TCS was dominant in the gut (cecum and colon). The results showed that the gut has a uniquely high concentration of TCS compared to other body tissues. The research team then analysed the relationship between TCS-containing products and the concentration of TCS in the human body. In a group of human subjects who used TCS-containing personal care products for four months, both TCS and TCS-G were detected in their stool and urine samples, with TCS being dominant in stool and TCS-G being dominant in urine. However, TCS and TCS-G were not detected in the control group who used TCS-free personal care products. The results showed that the use of TCS-containing products leads to a high level of TCS, specifically in the human gut. Gut microbiota significant in TCS-G conversion The question remains why the human gut has a uniquely high TCS concentration. To answer this, the research team put forth the hypothesis that gut microbiota participate in the conversion of TCS-G to TCS, leading to the accumulation of TCS in the gut. To test this hypothesis, the researchers observed that in an in vitro setting, cultured gut bacteria from both mice and humans were able to catalyse the conversion of TCS-G to TCS. To investigate whether the same phenomenon appears in an in vivo setting, the research team found that the inhibition of gut bacteria from mice by applying an antibiotic treatment almost reduced the concentration of TCS in their guts by half, and it increased the concentration of TCS-G by six-fold. The results affirmed that gut microbiota play a significant role in the conversion of TCS-G to TCS in the gut. Specific enzymes catalyse TCS-G conversion To investigate the mechanism by which gut microbiota catalyse TCS-G conversion, the research team focused on the intestinal β - glucuronidase (GUS) enzymes produced by gut bacteria in both mice and humans, because they have been shown to catalyse a wide range of metabolite conversions. Using a series of screening techniques, two types of GUS, namely “Loop 1” and “flavin mononucleotide (FMN)-binding” GUSs, were found to be most effective at converting TCS-G to TCS in vitro. The research team then applied a GUS inhibitor, a drug that inhibits the function of Loop 1 and FMN-binding GUSs, to TCS-exposed and TCS-free mice. It was found that the GUS inhibitor could curb the conversion of TCS-G to TCS by the GUS enzymes. Colitis in TCS-exposed mice was also relieved after the application of the GUS inhibitor. The results support the notion that specific microbial GUS enzymes drive the conversion of TCS-G to TCS, and as a result, the chance of developing colitis is increased. More stringent TCS controls needed Professor Cai said: “Our research results clearly defined the mechanism by which gut microbiota are involved in the metabolism and toxicology of TCS, and the study offers a way to prevent the development of colitis following environmental exposure to chemicals. “Regulatory bodies should consider imposing more stringent controls on the use of TCS. Although the US Food and Drug Administration (FDA) banned the marketing of TCS in over-the-counter antiseptic products in 2016, the chemical remains approved for use in a wide range of products. Transparency on TCS ingredients in product labelling and illustrations should also be improved so that consumers can be aware of the potential risks and make informed choices.” #HongKongBaptistUniversity #HKBU Contact Details Winnie Shum of the Communication and Public Relations Office +852 3411 5262 hkbunews@hkbu.edu.hk Company Website https://www.hkbu.edu.hk/

May 03, 2022 09:00 AM Eastern Daylight Time

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UNO Pizzeria & Grill Honors Teachers with Free Pizza

UNO Pizzeria & Grill

In honor of Teacher Appreciation Week, Uno Pizzeria and Grill is giving away a free pizza to teachers. In an effort to recognize the contributions of teachers over the last two years and all of their work in general, the historic pizza restaurant has decided to give a free individual deep dish or thin crust pizza to any teacher who comes in with a valid school or teacher ID. “We all appreciate the effort and dedication that teachers provide for our children. It’s great to be able to do something that shows our gratitude in a meaningful and widespread way. Everybody loves pizza and we love our teachers, so by offering them a free pizza, we can give them a small token of that appreciation” stated CEO Erik Frederick. The promotion with run from May 2 -May 4 and is valid for dine-in only. Available at participating locations. Present valid teacher id to redeem offer. About UNO Pizzeria & Grill Based in Boston, Massachusetts, Uno Restaurant Holdings Corporation includes approximately 80 company-owned and franchised UNO Pizzeria & Grill restaurants located in 18 states, and the District of Columbia, India, and Saudi Arabia. UNO is all about connecting people over pizza – from its famous Chicago Deep Dish, which UNO invented in 1943, to its Chicago Thin Crust, to its gluten-free and vegan pizzas. The Company also operates Uno Foods, a consumer packaged-foods business which supplies supermarkets, airlines, movie theaters, hotels, airports, travel plazas, and schools, with both frozen and refrigerated private-label foods and UNO branded products. For more information, visit www.unos.com. Contact Details Chris Dellamarggio cdellamarggio@unos.com Company Website https://www.unos.com/

May 02, 2022 01:06 PM Eastern Daylight Time

Youth Nicotine Vaping is a Mental Health Crisis

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/PzinsT6mmYA Two health crises among youth — a mental health crisis and a vaping epidemic — pose increasing threats to a generation of young people. A recently published study in the Journal of the American Medical Association (JAMA) shows that youth depression and anxiety doubled during the pandemic, compared to pre-pandemic estimates. Meanwhile, youth vaping remains at epidemic levels with nearly 20% of high schoolers vaping nicotine, with nearly 40% of those who use e-cigarettes, doing so on a regular basis. Truth Initiative ®, the organization behind the highly effective truth ® youth smoking, vaping and nicotine public education campaign organized a Moment of Action for Mental Health as part of its latest Breath of Stress Air effort to bust the fantasy that vaping nicotine is a stress reliever. The Moment of Action for Mental Health comes on the heels of Surgeon General Vivek Murthy issuing an advisory on the state of mental health among young people as an “urgent public health crisis,” and coincides with the on-going youth e-cigarette epidemic. According to the latest December 2021 Monitoring the Future Survey (MTF) report, nearly 20% of high school seniors used e-cigarettes in the past 30 days. A Truth Initiative survey found that 93% of e-cigarette users reported that vaping negatively affected their lives because it made them feel more stressed, depressed, or anxious, while 90% of those who quit said they felt less stressed, anxious, or depressed. Young people nationwide can text “ ACTION ” to 88709 to participate and join in the movement. Those looking to get help quitting e-cigarettes can get free and anonymous help from This is Quitting from truth. It is a free and anonymous, text-message based quit vaping program designed for young people. Teens and young adults can join for free by texting “ DITCHVAPE ” to 88709. Learn more about Truth Initiative, the Moment of Action for Mental Health and see get resources by visiting truthinitiative.org. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 02, 2022 01:00 PM Eastern Daylight Time

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Shareholder Activist Wants Warren Buffett to 'Save' Capitalism

National Legal & Policy Center

Peter Flaherty, Chairman of the National Legal and Policy Center (NLPC), will today present a shareholder proposal to separate the roles of Chairman and CEO at the Berkshire Hathaway annual meeting in Omaha. Both positions are held by Warren Buffett. Here is the complete text of Flaherty's planned remarks: I am Peter Flaherty, Chairman of the National Legal and Policy Center. Our mission is to promote ethics in public life. Toward that end, we sponsor the Corporate Integrity Project. Our proposal would separate the roles of Chairman and CEO. I’d take it one step further and suggest that Berkshire remove itself from corporate America’s assault on American institutions and culture. I am proud to say that I am a capitalist, but it is obvious to me be that capitalism is failing to deliver for the American people. Is this meeting Woodstock for capitalists, or is it Altamont? Real wages have been falling for years. Wealth disparity has never been greater. And right outside my hotel window here in Omaha is a homeless encampment, an all-too-familiar sight in American cities. We don’t have a free economy; we have bailout capitalism. When small businesses lose money, they go out of business, but when billionaires bet wrong, government steps in to save their fortunes. Money printing by the Federal Reserve and irresponsible, debt-fueled spending by politicians — called fiscal stimulus — have artificially inflated asset values. So those with the most assets benefit the most. Wage earners get ruinous inflation. But even worse than the wealth gap is the values gap. The top 1% now seek to impose their corrupt morality upon the rest of us, whether it is in the form of Critical Race Theory, transgenderism, or the myriad of other “woke” causes that permeate corporate advertising and messaging. Why has corporate America embraced both economic and cultural radicalism? It’s pretty simple. When you have so much money, your fortune is going to come under scrutiny. The best way to insulate yourself and keep anti-business activists off your back is to embrace their causes, even if in the process you undermine the system that produces your wealth. That is what allows Mr. Buffett to advocate higher taxes, even though everyone knows they will fall mainly on the middle class, or bankroll the likes of Hillary Clinton. The Federal Reserve has offered free money to corporate America for over a decade now, creating a class of oligarchs, and greatly enhancing corporate political power. Executives now believe they can tell elected governors and legislators what to do, as we have seen in Indiana, Georgia, Texas and Florida. Last year, Coca-Cola CEO James Quincey, a British citizen, sought to kill Georgia’s new voter integrity law by making inaccurate and inflammatory statements about it. He also instituted diversity training whereby white employees were encouraged to “try to be less white.” Despite being Coke’s most celebrated shareholder, Warren Buffett has done nothing about Quincey. In fact, Mr. Buffett jumped on the “America is racist” bandwagon by signing a statement by corporate leaders suggesting that Republicans seek to restrict ballot access based on race. All this did not prevent Coke from sponsoring the Winter Olympics in China, which has never had a free election, and where minority communities are the victims of genocidal policies. And what about Apple? A large part of Apple’s supply chain is in China. The company removes apps from the app store at the request of the Chinese government because they are used by human rights activists. And of course, Apple is the world’s most successful corporate-tax minimizer, famous for routing profits through offshore tax shelters. Over at American Express, the company instituted an “Anti-Racist Initiative” for employees that teaches that capitalism is fundamentally racist and requires workers to engage in an exercise to determine whether they are “oppressor” or “oppressed.” Activism by “woke” CEOs may be reaching its limits. The people of Florida are fighting back against Disney’s Robert Chapek, who not only embraces the view that gender is a form of oppression, but that kindergarteners must be forced to confront it. Mr. Buffett has praised the brand endurance of Disney’s characters and the trust parents place in its content to be safe and appropriate for children. But now the company is adding warnings to Dumbo, Peter Pan and Aladdin about the stereotypes they allegedly portray. And poor Prince Charming has been excised for kissing Snow White QUOTE, UNQUOTE “without consent.” Warren Buffett has yet to address the crisis gripping corporate America, and I fear he never will. Yes, Berkshire may be a holding company, and Mr. Buffett may stay out of the way of managers, but what happens when these executives use their companies to wage a social revolution that most Americans don’t want? Is he not responsible? He can’t have it both ways. In this country, wealth has been admired and even celebrated because our system allows anyone to become rich. But what happens when Americans suddenly find their history and future under attack by Corporate America? The social contract that permits for such affluence will be broken. Mr. Buffett, if you are the face of capitalism, why don’t you do something to save it? Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Peter Flaherty +1 202-329-8357 danrenejr@gmail.com Company Website http://www.nlpc.org

April 30, 2022 10:40 AM Eastern Daylight Time

India’s Top Youth Fellowship Invites Applications from Indians and Overseas Citizens of India (OCI) for 2022-23

SBI Foundation

The SBI Youth for India Fellowship is one of the leading youth Fellowships that gives the urban youth an opportunity to provide innovative and sustainable solutions to the problems faced by rural communities. The program is not restricted to any specific area and offers you a wide variety of projects to choose from as well as the flexibility to design a feasible project of your own liking within the focus areas of the partner NGO’s work. The fellowship covers living, transport and medical insurance costs of stay in rural India, and supports project costs on a case basis. For the 2022-23 batch this year, the applications are open to all Indian youth aged 21 to 32. Citizens of Nepal/Bhutan or an Overseas Citizen of India (OCI) are also eligible. Are you the next SBI Youth for India fellow? Click here to apply - you4.in/lzh The last date to apply is Monday, 2nd May 2022. Unique by design, this 13-month program has attracted young professionals, graduates and postgraduates to commit for a year to work on challenging grassroots development projects. The program has attracted Indian youth from prestigious institutions like Harvard, Stanford, Oxford, IITs, and IIM. Professionals from MNCs like Goldman Sachs, Infosys, Mu Sigma, Deloitte, Ernst & Young, KPMG, Accenture, Cognizant, Schlumberger, etc. have joined the SBI Youth for India Fellowship. Over 70% of the alumni pursue meaningful careers in the social sector by working in Rural Development, Public Policy, Governance, and Academia. 35 SBI YFI alumni have either founded or initiated a program, enterprise, or non-profit, and 65 of the alumni have pursued their higher studies post their SBI Youth for India Fellowship experience. Many OCI fellows have contributed through their unique projects. Sumana Palle (2020-21 Fellow) from the University of Michigan worked with small and marginal farmers in Khatamla, Rajasthan to grow aromatic plants and create value-added products. Her innovative efforts helped the farmer community increase their income by 20-40%. Eshaan Salim Patheria (2018-2019 Fellow) from Harvard University worked on the electrification of Maligaon, Kalahandi district, Odisha through the solar micro-grid project with the support of Gram Vikas NGO. Run by the State Bank of India’s CSR arm, SBI Foundation, the fellowship is now in its 10th year with a rich alumni base of 450+ alumni spread across prestigious development sector organisations across the country. The Fellowship requires Fellows to relocate to remote rural locations across the country and lead projects focused on 12 thematic areas, like environmental protection, women’s empowerment, water, self-governance, etc. The Fellows work in close coordination with 14 reputed NGOs that provide them with access to specialised expertise in their chosen thematic area. In the last two years, Fellows’ projects focused on helping rural communities cope with the adverse impact of the COVID-19 pandemic, especially in the areas of Rural livelihood, Health, Education, and Technology. The number of youths who volunteered to join the Fellowship to work with rural communities increased as the Fellowship saw approximately 90,000 applications during the pandemic last year. The Mantra of the Fellowship is to Unlearn, Collaborate, Build, and Sustain. While the unlearning experience helps youth discard preconceived notions and assumptions about the real challenges faced by rural India, the Fellows also take inputs from experts and local communities to understand their challenges better. The Fellows aim to work on projects by collaborating with the community and various key stakeholders to identify and work towards interventions to build their intended projects; while also focusing on the fourth aspect of sustainable development. Apart from the opportunity to make a significant social contribution at an early age, the fellowship also offers various additional advantages, which makes it a highly sought-after and attractive option for young Indians. Some of the benefits include- Social Impact - The sheer opportunity to make a positive difference can be a powerful catalyst early in anyone’s life, no matter how small. Leadership Development - Fellows inevitably develop essential leadership skills during their 13-months as they are independent and responsible for the planning and execution of their intended projects. Multidisciplinary Experience - Fellows hail from various educational and professional backgrounds. While many apply their academic knowledge and past experience to build their projects, the nature of every project inevitably spans multiple disciplines. Personality Development - The Fellowship helps develop holistic personality traits that include everything from emotional maturity, empathy, perseverance, self-confidence, and many other aspects of self-discovery and development that organically emerge as the Fellows experience. Alumni Network - The Fellowship's global alumni network is a tightly woven group that continues to support and drive positive impact long after their Fellowships conclude. Many corporates, universities, startups, and social ventures actively seek professionals with fellowship experiences considering the essential skills they’re likely to have picked up during their Fellowship journey. If you wish to learn more about the Fellowship, apply or recommend a potential youth leader who would be a good fit for the Fellowship, visit the SBI Youth for India website - www.youthforindia.org today. Contact Details SBI Youth for India Fellowship SBI Foundation +91 22 2215 1689 applications@youthforindia.org Company Website https://www.sbifoundation.in/

April 29, 2022 05:30 AM Eastern Daylight Time

Volatus Aerospace Corp. Announces Record Fourth Quarter and Record 2021 Annual Sales

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), a leading drone solutions provider, is pleased to announce record sales for Q4 2021 and financial year 2021. The financial year 2021 was a tremendous year of expansion and growth for the Company. The revenue witnessed a growth of 161x, and gross margins grew by 271%. Key Financial Highlights for 2021: Total reported revenue increased by $9,852,723 in 2021. The company reported total annual audited revenue of $9,913,953 in 2021 (proforma revenue in 2021 was $16,723,432). The growth was driven by expansion across Canada and the United States, new strategic partnerships and acquisitions completed in 2021. The blended gross margin of the Company was 26% in 2021 compared to 7% in 2020. The Company reported a total gross margin of $2,528,710. The increase in gross margin is due to scale in product and service activities. The Company recorded a comprehensive loss of $3,678,734, including non-cash items like impairment of goodwill of $1,399,029 recognized due to the reverse acquisition of Partner Jet Corp. in 2021. On December 31, 2021, the Company's cash balance was $8,806,836 compared to $189,973 in 2020. The cash balance increased due to two successful funding activities in 2021. Key Financial Highlights for Q4 2021: The revenue for the fourth quarter increased by $2,870,462 compared to Q4 2020. The growth was due to acquisitions and scale in operational activities across Canada, the US, and parts of Latin America. The gross margin increased by $672,931 compared to Q4 2020. The increase was due to accelerated sales activities in the product and service segment. The total comprehensive loss in Q4 2021 was $2,744,770, including non-cash items like impairment of goodwill of $1,399,029 recognized due to the reverse acquisition of Partner Jet Corp. in 2021; otherwise, it would be $1,345,741. Operational Highlights: The Company achieved significant milestones in 2021. Vertical Integration enables the Company to serve the drone industry in various forms: selling drone technologies, providing drones-as-a-service, drone training, customized solutions, and integrations. This strategy has enabled the Company to capture a larger market share and provide complete solutions to our customers with strong repeat business potential. Volatus has created a network of drone pilots. This enables the Company to keep costs low and increase the speed of executing the missions with minimum overhead costs. With 1,200+ drone pilots spread across the Americas, the Company can serve significant market segments in various geographical locations. The Company has entered numerous strategic partnerships with drone technology companies across the globe that provide unique capabilities in different sectors. The partnerships vary from being an exclusive global distributor to a manufacturing partner. These partnerships enhance the capabilities for service inspections, surveillance, and cargo operations. Volatus entered into a joint venture agreement with Orijinative Holding Ltd. to provide RPAS (remotely piloted aircraft system) services to Canadian First Nations communities and formed Indigenous Aerospace. The Company intends to create sustainable growth, gainful employment, and a national appreciation of how Indigenous-owned and operated businesses and employees can contribute to the economy through this partnership. In Q4 2021, Volatus invited technology companies from Israel, Canada, and the US to participate in an open technological discussion and enabled the creation of its UAV technology hub at its Simcoe Centre of Excellence. This initiative enabled the Company to lay the groundwork for creating drone technology bundled solutions. In October of 2021, Volatus successfully demonstrated the delivery of a defibrillator using drone technology. This test was conducted to improve the emergency response time by the County of Simcoe Paramedics. The delivery demonstrated the ability of drones to save lives and the capabilities of Volatus and its technology. The company also launched its Industrial and Defence sales team. In November 2021, the company announced its exclusive global distribution of Avidrone sophisticated fleet of autonomous cargo drones. On December 22, 2021, Volatus completed the reverse takeover of Partner Jet Corp. This transaction provided Volatus with operating licenses and certificates to carry out commercial operations in manned aviation and established the base to evolve in unmanned aircraft operations. The audited consolidated financial statements for the year ended December 31, 2021, and associated management discussion and analysis, are made available under the Company's profile on SEDAR at www.sedar.com. CONFERENCE CALL AND PRESENTATION In conjunction with this release, Volatus will host a conference call tomorrow at 11 AM ET that will be a webcast live. Glen Lynch, Chief Executive Officer and Abhinav Singhvi, Chief Financial Officer and Investor Relations, will host the call. Investors are invited to register for the webinar tomorrow, April 29, 2022, at 11:00 AM Eastern Time (US and Canada) https://us06web.zoom.us/webinar/register/WN_Edcz8-_nQCOqh1gEorIn8Q After registering, you will receive a confirmation email containing information about joining the webinar. Investors with Internet access may listen to the webcast live via the Investor Relations page of the Volatus Aerospace Corp. website. Please allow 15 minutes before the call to download and install any necessary audio software. Audio Replay Options An audio replay of the event will be archived on the Investor Relations page of the company's website. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

April 28, 2022 05:15 PM Eastern Daylight Time

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