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Perfitly Partners with To Act Brand to Introduce Virtual Fitting Room Solutions to Plus-Size Shoppers

Perfitly

Perfitly, a virtual reality/augmented reality (VR/AR) and AI-powered virtual fitting room solution that is being integrated into the e-commerce platforms of the nation’s leading retailers, today announced its partnership with Germany/UK-based To Act Brand, a plus-size women’s apparel brand catering to sizes between 42-54. Through the partnership, To Act Brand will incorporate Perfitly’s cutting-edge virtual fitting platform, including size recommendations and visualizations, into its e-commerce channel, allowing the brand to better engage shoppers while increasing conversion and reducing return rates. Perfitly’s solutions will help plus-size shoppers find their perfect fit when shopping on To Act Brand’s website. Once on the homepage, customers can create a digital avatar of themselves and select any fashion piece in To Act Brand’s Spring/Summer 2022 collection, to virtually try on and personalize by sizing up and down. “Working with Perfitly has enabled our brand to offer shoppers beautiful plus-size clothing through an interactive shopping experience that mimics brick and mortar stores,” said Anna Carlotta, CEO and Co-Founder of To Act Brand. “We are looking forward to delighting our shoppers with a fun way to engage with our collections while seeing higher conversion rates and reduced returns due to the virtual fitting room technology we now have access to. Additionally, we’re proud to now offer a solution to shoppers that will also increase our sustainability efforts in the fashion industry.” Size inclusivity has been a major issue for the retail and fashion industries, with shoppers of all sizes needing to return their clothing items often. To Act Brand now joins Perfitly's repertoire of boutique brands and global clients who are using virtual fitting room solutions to provide accurate virtual fitting and enhanced shopping experiences for their target audiences, eliminating the need for returns. “Working with To Act Brand has been a great opportunity to expand our footprint in the European market and showcase our technologies in collaboration with a size-inclusive brand that’s working to combine sustainability goals with a next-level e-commerce experience,” said AJ Jarzebiak, Head of Product Strategy and Business Development at Perfitly. “It’s rewarding to help our clients become disrupters within their industries, especially as the e-commerce space continues to become more competitive.” Following this partnership, Perfitly will continue to expand its business development on a global scale by working with retailers of all sizes and expects to see an influx of traffic to their core business and metaverse applications throughout 2022. To learn more about Perfitly, please visit Perfitly.com and for more information on To Act Brand visit ToActBrand.com. About Perfitly: Perfitly is a virtual reality and augmented reality (VR/AR) and AI powered virtual fitting room solution that is being integrated into the e-commerce platforms of the nation’s leading retailers. Perfitly’s cutting-edge size recommendation and visualization platform serves fashion brands and works to help increase sales and conversion and reduce returns, while enhancing sustainability. Perfitly enables shoppers to try on clothes, find their perfect fit and look, and purchase with confidence - all from the comfort of their homes. To learn more, please visit: Perfitly.com. About To Act Brand: To Act Brand aims to take plus-size fashion out of its niche and in doing so, the brand celebrates and embraces the diversity of curvy bodies and their shapes with bold colours, patterns and exciting cuts. To shop the collection, please visit: ToActBrand.com. Contact Details North 6th Agency for Perfitly Paige Blair perfitly@n6a.com Company Website https://www.perfitly.com/

June 28, 2022 09:03 AM Eastern Daylight Time

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New Report Details How to Reduce Carbon Emissions by 22% in Global Supply Chain by Adopting a Freight Data Exchange Standard

Coalition for Reimagined Mobility

The Coalition for Reimagined Mobility (ReMo), a global initiative created to shape policy and ideas for more equitable and sustainable movement of people and goods around the world, today released a report that details the impact of freight sector data sharing to improve the sustainability and reliability of the global supply chain. The report includes new modeling from the International Transport Forum (ITF), which found that the adoption of an open freight data exchange standard would not only improve operational efficiencies across the supply chain, reducing the unprecedented level of goods stuck at global ports, it will also result in an estimated 22% reduction in carbon emissions by 2050 and eliminate 2.5 billion barrels of oil per year. Freight data exchange standards are open or freely available technical specifications that define how to share critical information to seamlessly facilitate global freight logistics. Standardizing the exchange of freight data will support a transition to widespread software-enabled communication forming the backbone of better stakeholder coordination across the global supply chain. Clean Fuel and Electrification Are Not Enough to Decarbonize the Freight Sector “We need a comprehensive plan of action to decarbonize our global freight sector,” said Mary Nichols, co-chair of the Coalition for Reimagined Mobility. “Business as usual is not an option. As we transition to increasingly lower carbon fuels, vessels and vehicles, we must also rapidly deploy technology solutions that will drive operational efficiencies - and critically needed climate benefits - across the global supply chain.” ReMo partnered with the ITF to use its globally renowned freight emissions model to quantify emissions reductions that could be generated by data exchange to share logistical data in near real-time and streamline the supply chain. The impact is significant, including: A reduction of sea freight emissions by 280 million tons of carbon per year and road freight emissions by 360 million tons of carbon per year; Elimination of 2.5 billion barrels of oil per year; and A 6-percent cost savings per ton-kilometer. A Freight Data Exchange Standard Will Increase Freight System Resilience and Sustainability While Reducing Oil Dependence. Digitalization of the freight sector has lagged as market and regulatory failures have created barriers to change. The time for action is now. The Coalition for Reimagined Mobility calls on policymakers to take the following steps immediately: Require the use of freight data exchange standards as a condition for accessing ports. Deploy freight data exchange standards that communicates near real-time operational data. Allocate authority to national governments and ports to require the use of freight data exchange standards. Allocate seed funding to ports and industry stakeholders to deploy data exchange standard pilots and projects. Initiate and fund targeted intermodal exchange and smart steaming programs to realize near-term emissions reduction benefits. “The world’s largest shippers and major supply chain players must work together to forge a new path to decarbonization and resilience by embracing digitalization and a globally accepted freight data exchange standard,” said Michael Hynekamp, COO, Wallenius Wilhelmsen ASA. “We, alongside members of the Coalition, are committed to reimagining the freight system in collaboration with private and public organizations around the world. Digital transformation is the way towards our sustainable future.” Visit this link to download the full report. For more information about the Coalition for Reimagined Mobility, and a detailed list of commissioners, please visit: https://reimaginedmobility.org/about/. About the Coalition for Reimagined Mobility The Coalition for Reimagined Mobility (ReMo) is a global effort of industry, government and academic leaders shaping more equitable and sustainable policy solutions that leverage technology to improve the movement of people and goods. As an initiative of SAFE, the Coalition for Reimagined Mobility conducts research and advocacy to advance economically sustainable policies and platforms that prioritize people and the planet. For more information visit, reimaginedmobility.org. About the International Transport Forum The International Transport Forum is an intergovernmental organisation with 64 member countries. It acts as a think tank for transport policy and organises the Annual Summit of transport ministers. ITF is the only global body that covers all transport modes. The ITF is administratively integrated with the OECD yet politically autonomous. Visit www.itf-oecd.org. Contact Details Coalition for Reimagined Mobility (ReMo) Ashley Simmons +1 202-341-9508 asimmons@reimaginedmobility.org International Transport Forum (ITF) Michael Kloth +33 6 15 95 03 27 Michael.KLOTH@itf-oecd.org Racepoint Global Paul Rechichi +1 617-624-3221 CoalitionReMo@racepointglobal.com Company Website https://reimaginedmobility.org/

June 28, 2022 04:07 AM Eastern Daylight Time

CleverTap Recognized by Great Place to Work® Among India’s Great Mid-size Workplaces

CleverTap

CleverTap, the modern, integrated retention cloud, has been recognized by Great Place to Work® India as one of India’s Great Mid-size Workplaces 2022. CleverTap is recognized for creating and sustaining a high-trust, high performance work culture. In its 6th edition this year for India, the list has grown to include the top 75 companies, up from the top 50 until last year. The rigorous methodology to assess workplace culture and identify India's Great Mid-size Workplaces 2022 is considered the gold standard globally. In the Great Place to Work® India study, they have observed that the Great Mid-size Workplaces have gone above and beyond to create and sustain aspirational organizations. Effective leadership is visible in these workplaces that are fostering a culture of fairness and originality, while offering flexibility to their employees in the current hybrid work environment. Organizations that succeed in establishing high-trust, high-performance cultures, and maximizing human potential by bridging experience gaps, will be Great Places to Work For All in the future. “We’re very excited to be recognized by Great Place to Work® India as one of India’s Great Mid-size Workplaces. Even before the pandemic hit, we believed that an empathetic and flexible work culture is the essence of an organization’s growth,” says Sidharth Malik, Chief Executive Officer, CleverTap. “Our employees and their holistic well-being have always been the top priority for us. The recognition by Great Place to Work® India is a testament to our commitment of building a workplace that is inclusive and driven, and one that provides its people an environment to thrive and succeed in everything they do.” “With homes becoming an extension of people's workplaces, this year companies around the world were challenged to put their people at the center of their strategies. But the organizations that invested in their culture and people before the pandemic have overcome these challenges effortlessly. Being recognized as one of India’s Best Workplaces 2022 demonstrates these organizations' commitment to improving their culture and putting their people first, whatever challenges they face,” says Yeshasvini Ramaswamy, CEO, Great Place to Work®, India. As a global authority on workplace culture, Great Place to Work® has been studying employee experience and people practices across organizations for over three decades. Every year, more than 10,000 organizations from over 60 countries partner with Great Place to Work® Institute for assessment, benchmarking, and planning of actions to strengthen their workplace culture. About CleverTap CleverTap is the modern, integrated retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. CleverTap drives contextual individualization with the help of a unified and deep data layer, AI/ML-powered insights, and automation enabling brands to offer hyper-personalized and delightful experiences to their customers. 1,200+ customers in 60+ countries and 10,000+ apps, including Gojek, ShopX, Canon, Mercedes Benz, Electronic Arts, TED, Jio, Premier League, TD Bank, Carousell, Papa John’s, and Tesco, trust CleverTap to achieve their retention and engagement goals, growing their long-term revenue. Backed by leading venture capital firms, including Sequoia, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, Sofia, São Paulo, Bogota, Amsterdam, Jakarta, and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter. Forward-Looking Statements Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could amount in the actual result being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

June 24, 2022 03:18 AM Eastern Daylight Time

Claravine Brings On Jackie Cooper to Lead the Customer Experience Team

Claravine

Claravine, a pioneer in data integrity with its platform, The Data Standards Cloud, has expanded its senior leadership team with the appointment of Jackie Cooper as Vice President of Customer Experience. As head of the Customer Experience organization, Cooper elevates the voice of the customer by promoting a customer-centric mindset across the organization. Cooper will be focused on highlighting the increased customer value and adoption of the platform’s integrations as well as building upon Claravine's industry-leading retention rate (95%+ for the past two years). Cooper, and Claravine’s 16 additional new hires since Q1 2022, come at a time as the company continues to support major brands like Under Armour, Ancestry and Vanguard, among other Fortune 1000 companies. As measurement requirements continue to change within marketing, Claravine is staying focused on its ambitious growth, positioning itself to double its revenue this year. The deprecation of the third-party cookie and consumer privacy concerns are two primary factors creating an increased need for platforms like Claravine to help marketers to institute good data hygiene at their organizations and implement new strategies for campaign measurement and optimization. Prior to joining Claravine, Cooper led the Technical Solutions Consulting and Ad Network Partnerships teams for the MoPub business unit of Twitter, which was sold for $1.05 billion in 2022. Having worked in the advertising ecosystem for 10 years, she has a deep understanding of the supply and demand sides of the business from both a technical and business lens. Cooper also brings her strategic client support experience and people management skills from her time at Indeed. At Claravine, Cooper’s responsibilities will include leading, expanding and mentoring the Customer Success teams by setting strategy and prioritizing objectives and key results; deploying programs to help drive business value with customers, customer goal achievement, new features, and new use-cases; building a global professional services organization to support customers from onboarding and training; and partnering very closely with our sales teams to engage with leaders at prospective customers and existing customers to define goals and leverage our products and services to achieve them. “With first-party data becoming a more critical component for success, it’s an exciting time for Claravine as our platform is centered around helping brands to activate their data and keep data hygiene standards. It’s rewarding to be part of the solutions that are helping brands to stay ahead and be well prepared for both technology changes as well as evolving consumer privacy needs,” said Cooper. “It’s been great working with the team so far, and I look forward to continuing to progress our initiatives and growth goals forward.” Coming off the back of the recent announcement of an additional $15.5 million in Series B funding led by Five Elms Capital, Claravine’s influx of new hires – mainly consisting of engineering positions – will help the company in pursuing its ambitious growth goal of doubling its revenue this year, accelerating product development, and investing in the success of our customers by ensuring we have top talent. “Powering great customer experiences requires great data. It’s our mission to ensure organizations have the best solution available to establish global data standards from the start in order to shift their focus, efforts and attention on how to better utilize insights to enhance the customer experience,” said Allen. “I’m more than confident in Jackie and all the new team members in their ability to push our platform forward to continue to automate data workflows and improve data quality for the best brands globally now, and long into the future.” About Claravine Claravine is a pioneer in Data Integrity for the global enterprise. We empower a proactive approach to marketing measurement by activating data standards across people and technology, bridging the silos that limit speed and decisions. That’s why nearly a quarter of the Fortune 100 use our platform, The Data Standards Cloud, to define, apply and connect standards across their ecosystem for faster decisions, greater agility, and increased ROI. www.claravine.com Contact Details Kite Hill PR Maggie Stasko maggie@kitehillpr.com Company Website https://www.claravine.com/

June 23, 2022 10:00 AM Eastern Daylight Time

Bat Boy Found in West Virginia Cave 30 Years Ago; Americans Push to Make June 23rd a National Bat Boy Holiday!

Weekly World News

Weekly World News (WWN) celebrates the 30 th anniversary of its ground-breaking June 23, 1992 cover story “ Bat Child Found In Cave. ” WWN introduced the half-human, half-bat child to readers around the world, and its ongoing coverage has fostered a growing national movement to make June 23 an official National Bat Boy holiday! Weekly World News is celebrating the anniversary with a special tribute on its website. It all started in Pendleton County, West Virginia where Dr. Ron Dillon discovered this unique “creature,” who would become known as Bat boy, living in a cave in the Allegheny Mountains. Explorers captured Bat Boy, who was living almost two miles underground. Weekly World News' Bat Boy reporting went “viral,” spreading faster than any news story could in the days before the Internet and social media – it was a peaceful time. Scientists and reporters quickly learned that Bat Boy is a very skittish and elusive creature who is frequently on the run, often disappearing for extended periods of time. Bat Boy has been known to be quite tricky and unpredictable. He even managed to steal a vehicle and drive it at high speed, leading to a multi-state run with law enforcement in pursuit. When explorers discovered Bat Boy in Hellhole Cave, they estimated his age at around 10 years old. But further research has identified a genetic deformity that has locked Bat Boy in the very same age for the last 30 years. It seems Bat Boy will never age, however his intelligence and global interests continue to grow. Bat Boy has long demonstrated a keen interest in political and social issues which have thrust him into the limelight, as he has befriended and advised a range of U.S. Presidents and candidates for national office. Bat Boy’s political interests even led to an unsuccessful 2020 run for the U.S. Presidency. Close advisors admit that cryptid prejudices along with the candidate’s communications challenges and non-traditional demeanor posed major obstacles in the campaign. Dr. Ron Dillon, one of the foremost experts on Bat Boy, describes him as a “human-bat hybrid creature. His father was likely a bat or a creature heavily dominated by bat genomes, his mother, Susan Boy, was a human being. We have since traced Susan’s ancestry to passengers on the Mayflower.” Bat Boy's life has been nothing short of a whirlwind and even spawned an off-Broadway musical. Weekly World News does its best to keep readers up to date on his comings and goings. In the years since his discovery, Bat Boy has met Travis Scott, Elvis, Nelson Mandela, Frank Sinatra, every living U.S. President. He is adored by most celebrities – though given his reclusive nature, very few have been lucky enough to meet him. In anticipation of his run for president, Bat Boy abandoned his pagan ways and converted to Judaism and then to every other religion, seeking to play a unifying role for all people under his “Right Wing AND Left Wing” platform. He’s also had a busy and sometimes stormy romantic life, dating Farrah Fawcett, Jennifer Lopez, Jean Kirkpatrick, Cher, Kim Kardashian and more recently, Taylor Swift, but never really settling down. Bat Boy has no known offspring. Bat Boy has become a reluctant cultural icon and national treasure, who savors hiding in plain sight. He has been a subject in numerous TV shows and films such as The Simpsons, American Dad, The Boys, 12 Monkeys and many others. When Bat Boy isn't evading the paparazzi, law enforcement or government scientists, he apparently enjoys supporting his fans via surprise appearances in pop culture outlets. Recently, Bat Boy was knighted by the Queen Elizabeth and blessed by Pope Francis, and there are growing rumors about another presidential run in 2024 under his healing and unifying right-wing plus left-wing message. Leaders of the Bat Boy holiday movement urge all supporters to contact their elected representatives to voice support for a National Holiday to honor Bat Boy and his achievements and to demonstrate support for cryptids of all shapes and sizes. Supporters also encourage of Bat Boy themed apparel, some of which is coincidently available in the WWN online store! There are rumors that Bat Boy will be biking with President Biden today, but with Bat Boy, one never really knows. BAT LINKS WWN Bat Boy Tribute Page Bat Boy the Musical Book - Going Mutant: The Bat Boy Exposed Bat Boy Mask, Socks, Koozies, Pins, etc. Bat Boy Blanket! I © Bat Boy T-Shirt About Weekly World News Since its launch in 1979, Weekly World News has emerged as the defining brand for reliable tabloid news, known for exclusive coverage of Bat Boy, Manigator, P’lod the Alien, SpyCat, the three-legged, Bigfoot and scores of other notable characters. WWN boasts a global fan base of millions, is regularly profiled in the media and relaunched its reliable reporting online in 2019. The brand is expanding into exciting new areas including an online store, advertising and promotions, licensed merchandise and the recent formation of Weekly World News Studios, to bring its iconic characters and stories to big and small screens across the universe. Contact Details Weekly World News Media Contact Carl Woodward press@weeklyworldnews.com Company Website https://www.weeklyworldnews.com

June 23, 2022 08:44 AM Eastern Daylight Time

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Microbusinesses Drive Local Economies

YourUpdateTV

There are over 20 million microbusinesses in the United States. According to a recent study by GoDaddy’s Venture Forward research initiative, about half of the microbusinesses in the country are run by solopreneurs and around 94 percent have 10 or fewer employees. But their impact is bigger than you think. Recently, Jeremy Hartman the Vice President of Venture Forward at GoDaddy and Alexandra Rosen the Senior Director of Venture Forward conducted a satellite media tour to help shine a light on microbusinesses, their impact on local economies, and the work GoDaddy is doing to empower entrepreneurs across the nation. A video accompanying this announcement is available at: https://youtu.be/S4TF6UDwD8U At the beginning of the pandemic, entrepreneurs faced unexpected and unprecedented challenges as many had to move online and adjust their nascent businesses for the new rules of COVID living. Yet over the last two years, these business owners - many of them running microbusinesses made up of 10 employees of less - refused, again and again, to let the pandemic define them; rather, they’ve exhibited the creativity, imagination, hard work, and resiliency that are the hallmark of all successful entrepreneurs. And as they’ve succeeded, this rapidly growing movement of over 20 million microbusinesses is having a substantial impact on the economy, especially in their local communities. Venture Forward has collected data on these microbusinesses since 2018 to better understand how they are doing - and what more that local policymakers and economic developers can do to fuel their growth. According to Venture Forward, about half of all microbusinesses are run by solopreneurs and around 90 percent have 10 or fewer employees. Because many of these businesses have never registered with a government entity, they’re often excluded in official measures of small businesses - meaning many of them succeed based on true people power through hard work, family and personal loans, and access to web and online tools that make online commerce easier and more accessible. The Venture Forward team recently launched the Microbusiness Data Hub to help shine a light on this audience, providing an easily accessible location for anyone to download millions of data points and insights collected from microbusinesses across the country and in Great Britain. This data hub can provide a better understanding of the microbusiness community and help inform policies. At the most recent U.S. Conference of Mayors, Jeremy Hartman announced the launch of GoDaddy Open, where they’ll be taking their expertise in empowering everyday entrepreneurs on the road. GoDaddy Open started as a one-day immersive experience for entrepreneurs focused on those who were seeking ways to start or pivot their business during the pandemic. It has continued to evolve, but remains dedicated to providing entrepreneurs with resources, tools and inspiration. When entrepreneurs have access to relevant training, their businesses thrive! Venture Forward’s research has revealed that 67% of microbusiness owners who receive training at GoDaddy reported at least one positive outcome. o 44% Got more customers o 28% Improved internal processes o 26% Grew revenue o 16% Increased profitability Go to godaddy.com/ventureforward to learn more about Venture Forward and explore the data platform hub. --------------------------- About Jeremy Hartman Jeremy Hartman is the Vice President of Venture Forward at GoDaddy. He was hired to help GoDaddy better advocate on behalf of its 20 million microbusiness customers by quantifying and communicating their impact on the global economy. Jeremy has over two decades of experience developing communication platforms for companies, non-profits and political candidates. Prior to GoDaddy, Jeremy was Director of Applied Thought Leadership at Cisco, chartered to raise Cisco’s relevancy among key influencers. His background originated in politics, where he served as a senior campaign advisor to State and Federal candidates. Jeremy holds a bachelor’s degree from Washington University in St. Louis and a master’s degree from Northwestern University. About Alexandra Rosen Alexandra Rosen is the Senior Director of Venture Forward, GoDaddy’s multi-year research initiative focused on entrepreneurs and their impact on the economy. Prior to GoDaddy, she collaborated with organizations across live entertainment, the Olympics, enterprises and the public sector to launch several first-to-market programs and partnerships as a global manager at Cisco. These included international skills training, new digital platforms and innovative technology deployments. Passionate about empowering people and businesses to reach new goals through technology, creativity, and connected experiences, Alex is an Entrepreneur-in-Residence at the UCLA Anderson Venture Accelerator. She completed her undergraduate degree at Stanford University and her MBA at the UCLA Anderson School of Management. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 22, 2022 02:15 PM Eastern Daylight Time

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India’s largest open marketplace for road transportation Vahak loads up $14m series A funding round

Vahak

Goods worth billions are transported across India’s roads every day and driving this supply chain is India’s largest open road transport marketplace Vahak. The company today announced its $14m Series A fundraise as it scales operations with a sharp focus on supplier well-being and sustainability. Nexus Venture Partners led the funding round with participation from Foundamental, iSeed Ventures, Leo Capital, RTP Global, & Titan Capital. Vahak has now raised a total of $20.3m since its first round in March 2020. The funding will be used for rapid user-base expansion, building a stellar tech infrastructure by incorporating AI, ML, Big Data, and providing additional value-added services. Vahak aims to create an all-encompassing ecosystem for truck suppliers and become the go-to digital solution for them. Founded by Karan Shaha and Vikas Chandrawat in 2019, Vahak is a free-to-use, open marketplace for shippers and transport SMEs to discover and connect with truckers to help with their transportation needs. The start-up has been quietly disrupting the antiquated logistics approach in India and helping truck suppliers make a name for themselves. On some major routes across India, Vahak is helping truck drivers earn more than twice what they usually earn, by increasing truck utilization. Karan Shaha, CEO, and Co-Founder at Vahak commented: “Tech adoption is increasing rapidly in the Indian logistics industry and digitally-driven logistics services are the need of the hour in the current post-pandemic India. Through our platform, we are enabling truck drivers to operate for 25-26 days a month, as compared to the meagre 12-15 days they would operate otherwise. We are now all set to scale our technology and operations to capture 10% of the Indian logistics market and go from 1.5 mn users to 10 mn users in the next one year. We plan on expanding rapidly, enabling millions of Indian transporters and businesses with the power of technology. We have already integrated our platform with escrow payments and plan on bringing in services like insurance, GPS, spare part purchase, etc. very soon.” On leading the investment round Sameer Brij Verma, Managing Director, Nexus Venture Partners, said, “Despite posting good growth, the Indian logistics market continues to face certain challenges due to the lack of technology integration. Platforms like Vahak are now bringing about the digital transformation of this sector by providing tech-driven features and services to aid millions of truck drivers and shippers in the country. As India aims to cross the $5 trillion economy mark, and build common wealth for all citizens, it is imperative that such tech-driven initiatives receive adequate support from all quarters. We appreciate the tremendous work Vahak is doing and are glad to support them in their journey towards enabling digital, sustainable and cutting-edge transport operations in India.” Over the course of its journey, Vahak has successfully ushered in an unprecedented revolution in the Indian logistics sector. Transport operations in India are dominated by unorganized players that contribute to 86% of the entire market! This ultimately leads to high costs, lost opportunities, a number of inefficiencies, and a lack of transparency. This is why Vahak has focused on creating a supply-first platform that empowers transporters with the technology to find loads on demand, make their own digital brand and expand their business across boundaries. Supporting their vision to improve the truck supplier ecosystem, Vahak has collaborated with MediBuddy to provide over 6 lakh truck drivers with free online doctor consultations. And very soon, it is set to bring in a wide range of VAS (value-added services), like fuel cards, insurance, GPS, truck tyres & spare parts, and more. Alongside tertiary services, Vahak has also launched Vahak Payments, an in-app feature to make transactions faster and safer. Truck drivers can request for advance/balance payments and consignors can pay with a single click. Vahak Payments are safe and fast and help mitigate major payment issues. Through faster & smarter supply-demand matchmaking, Vahak has helped save over 27 million litres of diesel in just one year, effectively reducing the carbon footprint by 70,000 metric tonnes. With climate change becoming increasingly worrisome by the day, steps like these go a long way in promising a greener tomorrow. About Vahak Vahak is India’s first and largest open transport services marketplace, used by 2 mn+ users. Founded by IIT graduates Karan Shaha and Vikas Chandrawat, Vahak helps truck owners, transporters, consignors and transport agents find loads and lorries for their respective businesses. Users can also make their own online transport brand and build their own network to grow their business. Vahak is empowering thousands of single truck owners, transport SMEs and local businesses with the power of digital. Contact Details Vahak Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.vahak.in/

June 22, 2022 10:57 AM Eastern Daylight Time

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NextFerm Technologies announces its first commercial delivery of ProteVin™, in the U.S

NextFerm Technologies Ltd.

Company has delivered two tons of raw material to SpaceMilk, a health and wellness brand, expected to launch its ProteVin™ based product during this summer The company marks the achievement of the second strategic milestone (out of five) for 2022. This announcement follows an earlier announcement made this week about initiating ProteVin’s commercial production The Company is expected to continue supplying ProteVin to customers in the coming weeks, and is currently in dialogues with leading food and dietary supplement brands, for the integration of ProteVin™ in their alternative products (Yokneam Illit, June 22, 2022) – NextFerm Technologies Ltd. (TASE:NXFR), a food-tech company developing ProteVin™, a vegan, fermentation-based, non-GMO protein alternative and other innovative yeast-based nutrients, announced today of the first commercial delivery of ProteVin to a U.S customer. The Company delivered 2 tons out of SpaceMilk’s purchase order obtained in July 2021. SpaceMilk (Former PrimaLife Nutrition), is a US health and wellness brand and the first to launch a vegan protein powder based on ProteVin™. This protein powder will enable consumers to enjoy vegan protein with animal like nutritional value and perfect taste. The ProteVin™ brand name will appear on the product label, as the leading nutritional substance in the product. SpaceMilk is expected to be launched and available for sale to end users during the coming summer months, mostly online. The supply of the remaining of the order, as well as other open orders, shall continue during the coming weeks. The delivery of the first purchase order marks the achievement of the second out of five milestones set by the Company for 2022. This announcement follows an earlier announcement made this week about the initiation of commercial production (first milestone). The Company continues to progress towards the completion of its objectives for 2022, which include: increasing market demands, receiving additional purchase orders for ProteVin™ and increasing commercial production capacity from current scale of tens of tons to a scale of hundreds of tons per year in 2023. Boaz Noy, Chief Executive Officer of NextFerm, said: "We are excited to launch ProteVin, our vegan protein, as planned, and supply it to our first customers, who has expressed confidence in the product by placing purchase orders even before production has started. The alternative protein market, is currently estimated at $20 billion, and is expected to grow to about $290 billion by 2035, at an annual growth rate of above 20%. Today, it is indisputable that it is the main growth engine for the global food industry. This growing trend of consuming vegan foods as part of a balanced diet is becoming ever more popular within the general population that considers these foods to be healthier and more sustainable. "We are proud to be one of the leading innovators in the alternative protein B2B market, by offering the only vegan protein with a neutral flavor and animal like nutritional value that allow it to be incorporated into a variety of foods. We are also making progress in meeting the rest of the milestones for 2022, including: dialogues with food and nutrition brands, who are looking into incorporating ProteVin into their alternative product lines in such fields as dairy substitutes, powder premixes, snacks and more. At the same time, we are preparing to increase production capacity to a scale of hundreds of tons per year, in order to respond to the expected increase in demands." About NextFerm Technologies NextFerm Technologies, traded on the Tel Aviv Stock Exchange (TASE:NXFR) is a food-tech company engaged in the research, development, manufacturing and marketing of innovative, functional and vegan yeast-derived, non-GMO protein alternatives for various applications in the food and food supplement markets and the growing market for animal-derived protein alternatives. NextFerm's flagship product is ProteVin™, a vegan, yeast-derived protein with animal-like nutritional value (Amino acid profile BCAA=21%, Leucine=9%, EAA=53% and high digestibility PDCAAS=1) and a neutral flavor. ProteVin™ is designed for a variety of categories in the alternative protein market, which is estimated at USD 20 billion in terms of final products and at USD 3.5 billion in terms of raw materials with an annual growth rate of above 20%, including milk and dairy substitutes, meat substitutes and additional categories such as infant nutrition, adult nutrition, and sports nutrition. Another product currently being sold is Astaferm®, an innovative astaxanthin-based antioxidant derived from yeast that has been sold in the US since the end of 2020 through well-established and leading brands in the food supplement market in the US. In July 2021, the Company received Regulatory marketing approval in Canada. The company has additional products which have been licensed to Lallemand, a global giant focused on yeast. For more information, visit the NextFerm website at: www.nextferm.com Legal Notice Regarding Forward-Looking Statements This announcement also includes forecasts, projections, assessments, estimates and other information which refer to future events and matters, the realization of which is uncertain and not exclusively under the Company’s control (forward-looking information). The main facts and data used to support this information are facts and data regarding the current position of the Company and its businesses (including the scope of sales and levels of profitability, manpower, commercial engagements and more), facts and data regarding the current global position of the Company’s operating segments (including industry-specific financial developments, environmental regulatory developments, the competitive environment, technological developments, the reinsurance market and more), and macro-economic facts and data (including the economic situation both in Israel and around the world, yields in the capital markets, social and state developments and more), all as known by the Company when publishing this announcement. The forward-looking information included above in this announcement is significantly based upon, in addition to the existing information held by the Company, on the Company’s current assessments and expectations of future developments vis-a-vis each one of the aforementioned parameters, and the interconnectedness of each one of these developments. The Company has no certainty that its forecasts and assessments will indeed eventuate, and the Company’s operating results may be materially different than the results assessed or implicit based on that set forth above, inter alia, as a result of a change in any of the aforementioned factors. Contact Details Investor and Media Contact Meirav Gomeh-Bauer +972 54-476-4979 meirav@bauerg.com Company Website https://www.nextferm.com/

June 22, 2022 09:50 AM Eastern Daylight Time

The Connected Devices Making a Splash this Summer

News Media Group, Inc.

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

June 21, 2022 08:00 AM Eastern Daylight Time

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