News Hub | News Direct

ToolsGroup Welcomes Catherine Sigmar as Chief Legal Officer and Promotes Sahil Gupta to Chief Product Officer

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announces the recent appointment of its new Chief Legal Officer, Catherine Sigmar, and the promotion of Sahil Gupta to Chief Product Officer. As Chief Legal Officer, Catherine will develop ToolsGroup’s in-house legal department, implementing a globally consistent strategy and aligning best practices across ToolsGroup’s expanding ecosystem. Before coming to ToolsGroup, Catherine served as Chief Legal Officer and VP of Strategy at Tecsys Inc., Chief Operations Officer at Entara Corp., and Managing Director at Intel, leading operations, strategy, and legal functions globally. She currently serves on the board of ProntoForms Corp and has served on the boards of Future Memory Inc. and RegistryPro. Concurrently, Sahil Gupta has been promoted to Chief Product Officer. As ToolsGroup continues to expand and develop its product offering, Sahil will oversee the overall product strategy and roadmap, and spearhead new initiatives across the portfolio. Prior to joining ToolsGroup, Sahil was founder and CEO of Onera, a provider of real-time inventory availability and fulfillment software solutions, which joined the ToolsGroup family in 2022. He has been instrumental in the successful integration of solutions such as Inventory Hub® into the ToolsGroup JustEnough® Dynamic Retail Planning & Execution suite. “ToolsGroup has seen amazing growth in the last year, thanks to our dedicated and knowledgeable team members and our industry-leading solutions,” said ToolsGroup CEO, Inna Kuznetsova. “We’re excited to welcome Catherine to the team and delighted to recognize Sahil’s continued contributions to ToolsGroup’s success. We’re thrilled to foster an environment that encourages and rewards professional development.” Interested in joining ToolsGroup’s international team? Check out our open positions here. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

June 01, 2023 10:30 AM Eastern Daylight Time

“ZK SZN” Continues with Symbiosis adding Polygon zkEVM Chain

Symbiosis

June 1, 2023 – Symbiosis, a cross-chain liquidity protocol, has announced that it will be adding the Polygon zkEVM chain to its platform. The addition of Polygon zkEVM will allow Symbiosis users to access a wider range of assets and DeFi protocols and enjoy lower fees and faster transactions. Polygon zkEVM is a Layer 2 scaling solution that uses zkRollups to provide Ethereum-compatible smart contracts with high throughput and low gas fees. This makes it an ideal platform for DeFi applications, as it allows them to scale without sacrificing security or interoperability. Benefits of Adding Polygon zkEVM to Symbiosis The addition of Polygon zkEVM to Symbiosis will offer several benefits, including: Increased liquidity: Polygon zkEVM is a popular Layer 2 scaling solution, and it offers a significant amount of liquidity. This will allow Symbiosis Finance users to access a wider range of assets and DeFi protocols. Lower fees: Polygon zkEVM offers significantly lower fees than Ethereum. This will make it more affordable for users to swap assets. Faster transactions: Polygon zkEVM transactions are significantly faster than Ethereum transactions. This will make it more convenient for users to use Symbiosis. Enhanced security: Polygon zkEVM uses zkRollups, which are a type of zero-knowledge proof that offers enhanced security. This will make Symbiosis more resistant to attacks. Overall, the addition of Polygon zkEVM to Symbiosis Finance is a major development that will offer many benefits to users. It is likely to help the protocol attract more users and grow its ecosystem. Symbiosis is the perfect solution for DeFi enthusiasts who want to swap any token with ease and transfer their assets across different blockchains. With just one click, any-to-any cross-chain operations are executed, providing competitive exchange rates and minimal transaction costs. *Disclaimer: Symbiosis does not offer financial advice. The content found on symbiosis.finance should not be regarded as a replacement for personalized cryptocurrency trading advice. The information provided on symbiosis.finance and through Symbiosis 's services should not be relied upon when making any decisions. Always exercise due diligence and come to your own conclusions. Contact Details symbiosis.finance Nick Avramov nick@symbiosis.finance Company Website https://symbiosis.finance/

June 01, 2023 10:00 AM Eastern Daylight Time

Image

Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR): A Well-Capitalized Swiss Fortress in the Cybersecurity Battle

Sekur Private Data, Ltd.

The cyber threat landscape continues to evolve at an alarming rate, with businesses, consumers, and organizations bearing the brunt of this escalating issue. The average cost of a data breach was $4.35 million in the last recorded year, marking the highest average on record, while the average cost of a ransomware attack was even higher at $4.54 million. Cyberattacks and ransomware have become increasingly rampant, with the number of ransomware attacks increasing by 93% year-over-year. It took organizations an average of 277 days, about nine months, to identify and contain a breach. Notably, the growth of ransomware has contributed to the increase in attacks, with the threat of leaking exfiltrated data present in 86% of cases. Insider threats, either intentional or unintentional, accounted for 43% of all breaches. Small businesses, organizations, and healthcare institutions are particularly vulnerable, with cybercriminals using AI and machine learning tools to attack and explore their networks. The growth of the Internet of Things is expected to create many new targets for these bad actors to exploit. According to Cybersecurity Ventures, the cost of cybercrime is predicted to hit $8 trillion in 2023 and will grow to $10.5 trillion by 2025. One cybersecurity company that is focused on leveraging its innovative technology to assist these small businesses and organizations from cyber threats is Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR). What Makes Sekur Unique? With its sister company and infrastructure located in Switzerland, Sekur Private Data Ltd. is at the forefront of cybersecurity and internet privacy, offering a comprehensive array of Swiss-hosted solutions for secure data handling and communication. The firm provides an integrated suite of secure and private communication tools that include encrypted emails, VPN, encrypted messenger, and in Q4 2023, encrypted voice and video conferencing. These services are available for individual users, businesses, and governments across the globe. Sekur Private Data markets its products via its own websites: www.sekur.com, www.sekurvpn.com and through a network of authorized distributors and telecommunications firms worldwide. Sekur Private Data's unique selling proposition lies in its Swiss-centric approach to data storage. Unlike other providers that rely on third-party hyperscalers like AWS or Microsoft Azure cloud, Sekur Private Data hosts all client data on its own Swiss servers. The data is stored in an advanced ISO-certified data center in Switzerland, endorsed by Swiss banks. This ensures absolute confidentiality and safekeeping of all data, under the robust protection of Swiss Federal Data Protection Act (FADP) and the Swiss Federal Data Protection Ordinance. These stringent laws offer unparalleled privacy protection globally for individuals and organizations. Moreover, the data centers utilized by Sekur Private Data are also shared by Swiss and international banks, United Nations agencies, multinational corporations, and governmental bodies, thereby ensuring the highest standard of security and confidentiality. Furthermore, Sekur Private Data's commitment to safeguarding user data extends beyond adherence to Swiss privacy laws; it also incorporates military-grade security mechanisms. This includes physical and network security measures, as well as proprietary and non-open-source encryption, ensuring a secure environment for all information. By marrying non-open source, military-grade encryption security with Swiss data privacy, Sekur Private Data delivers unmatched safeguarding of its users' confidential information. The suite of products offered by Sekur Private Data is strategically designed to cater to consumers, as well as high-ranking executives and board members of large organizations, and high net-worth individuals who require enhanced levels of privacy and security in communications, such as emails and messaging. This dedicated focus on users with sensitive data requirements distinguishes Sekur Private Data from other cybersecurity providers. The economic stability, prosperity, and high-tech advancements of Switzerland further enhance Sekur Private Data's market position. Switzerland is acknowledged as one of the richest nations per capita, housing several multinational corporations. The Swiss economy is also recognized as one of the most competitive globally by the World Economic Forum's Global Competitiveness Report. In conclusion, Sekur Private Data presents an unrivaled blend of Swiss-based data storage, military-grade security, and a dedicated focus on users with enhanced privacy and security requirements. Coupled with Switzerland's robust economy and reputation for innovation, Sekur Private Data emerges as an unparalleled choice for individuals and organizations in search of the most comprehensive cybersecurity and privacy safeguards. Sekur Releases Q1 2023 Financials Showing a 50% Increase in Sales Y/Y, As Customer Acquisition Costs Plummet During the first quarter of 2023, Sekur Private Data, Ltd. reported revenue of C$131,739, which represents a 50% increase compared to Q1 2022 when the company reported revenue of C$88,035. At the same time, the company also greatly reduced its expenses year-over-year, thanks in part to the Sekur’s focus on streamlining its marketing and advertising strategy. This has allowed the company to see a dramatic decline in customer acquisition costs (CAC), which now stand around US$74 with some campaigns achieving US$28. Using this streamlined strategy, management says they plan to continue focusing on scaling their marketing efforts to increase the customer base while hopefully continuing to lower their CAC. Sekur Private Data continues to be very well-capitalized, with cash and equivalents of over C$3.29 million and a total asset count of over C$6.62 million. This provides ample fire-power for the company to continue its growth goals and improve its cybersecurity solutions in order to stay current with rapidly evolving cyber threats. As a result of new services, such as the SekurVPN, and the lowering of CAC, management estimates Sekur will generate solid sales growth in 2023. The SekurVPN product, which was launched in April 2023, has continued to see a strong start out-of-the-gate. The product, which is also now available in the Apple (NASDAQ: AAPL) Mac App Store, is prices at US$7.00 per month per user or at an annual price of US$70 per user. Furthermore, the VPN product is available globally and can be purchased is a wide-range of different currencies, such as USD, CAD, NZD, SGD, CHF, EUR, and GBP. Conclusion In the face of an increasingly complex cyber threat landscape, Sekur Private Data, Ltd. has positioned itself as a formidable champion of cybersecurity and privacy. With the escalating costs of data breaches and a surge in ransomware attacks, the need for advanced, reliable security solutions has never been more critical. Sekur, with its Swiss-based operations, offers a suite of secure communication and data handling tools, protected by robust Swiss privacy laws and enhanced by military-grade security measures. Its services are designed to meet the unique needs of consumers, as well as high-ranking executives, high net-worth individuals, and organizations in need of exceptional data protection. The company's Swiss location offers a strategic advantage, with Switzerland's prosperous, high-tech economy providing a strong backdrop. Amidst this backdrop, Sekur has recorded impressive financial growth. The first quarter of 2023 saw a 50% increase in sales compared to the same period in the previous year, and a considerable reduction in customer acquisition costs, owing to an effective marketing and advertising strategy. The company's robust financial position, with cash and equivalents exceeding C$3.29 million and total assets over C$6.62 million, puts Sekur in a strong position to continue its trajectory of growth and innovation in the cybersecurity field. With new services like SekurVPN, which has already seen strong uptake since its launch, Sekur is poised to maintain solid sales growth in 2023. Overall, in a world where cyber threats are evolving rapidly, Sekur Private Data offers an invaluable solution. By combining Swiss-based data storage, advanced security measures, and a targeted approach to catering to users with heightened privacy needs, Sekur stands out as a robust choice for those seeking the highest level of cybersecurity and privacy protection. Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated two thousand dollars cash for the creation and dissemination of this content by the company. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ The Post " Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR): A Well-Capitalized Swiss Fortress in the Cybersecurity Battle " First Appeared On Spotlight Growth. Contact Details Sekur Private Data, Ltd. Spotlight Growth info@spotlightgrowth.com

June 01, 2023 06:00 AM Pacific Daylight Time

Quona Capital’s 2022 Impact Report reveals global portfolio companies’ progress on United Nations Sustainable Development Goals (SDGs)

Quona Capital

Quona Capital, a venture capital firm investing in innovative fintech startups in emerging markets, has released its 2022 Impact Report, which showcases the measurable impact its investments have made on financial inclusion. The report highlights the progress its portfolio companies have made in helping underserved individuals and small businesses access affordable and reliable financial services. The complete report is available at https://tinyurl.com/bddxmnyc Quona’s 2022 Impact Report reveals that since the firm’s inception in 2015: Quona has made investments in 72 leading fintech companies across India and Southeast Asia, Latin America, Africa and the Middle East Together, these portfolio companies have touched more than 144.5 million customers’ lives, 79% of which were underserved. These investments generated over $1.5 billion in revenue in 2022 alone, bringing significant social and economic benefits, including increased access to financial services, job creation, and improved financial health for individuals and communities. The report also underlines Quona's continued commitment to investing in the financial technology sector with a focus on driving greater financial inclusion and impacting positive change in developing economies. By working hand in hand with founders and entrepreneurs to scale transformative fintech businesses, Quona demonstrates its ability to help create impact at scale. “Since our first check, we have remained deeply committed to investing in startups that are tackling some of the world’s most challenging problems,” said Monica Brand Engel, co-founder and managing partner at Quona. “Today our investments span a wide range of fintech solutions—including digital payments, lending, insurance, embedded finance and other financial services—that leverage technology to eliminate barriers to access.” The firm’s approach to investing, which generates insights across geographies from companies with common themes, such as embedded finance, logistics, and more—enables it to bring important perspectives to founders. The impact report features individual case studies that illustrate the impact of Quona's investments: For example, Klar, a challenger bank increasing access to financial services for people in Mexico, found that 49% of its customers used it to access formal financial services for the first time through its platform, and that 25% of its customers were female. Khazna, a digital super app offering formal credit to Egypt’s 20 million underbanked consumers, found that 82% of customers were accessing such a product for the first time through its app, and that 60% associated financial access with quality of life improvement. “Khazna helped me to feel calmer regarding my financial situation despite goods and services getting higher everyday,” noted one customer. “We are proud of the impact our portfolio companies have made in reaching underserved populations in a post-pandemic world,” added Jonathan Whittle, co-founder and managing partner. “We remain committed to supporting entrepreneurs who are leveraging technology to advance financial inclusion, and we look forward to continuing to attract capital to this important work.” Ganesh Rengaswamy, co-founder and managing partner added, “When you realize the impact that getting access to financial services can have on so many consumers and MSMEs across the globe, it’s astonishing. It’s a great privilege to work with so many founders who are determined to make a difference in the world.” About Quona Quona Capital is a venture firm focused on fintech that can expand access for underserved customers and small businesses in emerging markets including Africa and the Middle East, India and Southeast Asia, and Latin America. Quona’s global partners are experienced investors and operators in both emerging and developed markets, and back entrepreneurs whose companies have the potential to generate financial returns while promoting breakthrough innovation in financial inclusion for both consumers and SMEs. More: https://quona.com/ Contact Details Quona Capital Shannon Austin +1 703-338-8813 shannon@quona.com Company Website https://quona.com/

June 01, 2023 08:00 AM Eastern Daylight Time

Image

Leidos Becomes First Major Prime Contractor to Adopt NCMA Contract Management Standard

National Contract Management Association

Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, today announced its intent to adopt the National Contract Management Association’s (NCMA) Contract Management Standard ™ (CMS™). By adopting this standard, Leidos will align its workforce competency with the standard recently adopted by the federal government and institutions of higher education. With this adoption, Leidos builds on its long-standing commitment to strong customer relationships through standards of professional conduct and common understanding. The company is committed to developing the contract management profession as a meaningful and rewarding career path. This will support practitioners across industry and government who serve the federal mission. “Leidos Contracting is excited to lead the industry in the adoption of the CMS™,” said Kim Denver, Leidos Senior Vice President and Chief Corporate Contracts Executive. “Contract management professionals are paramount to mission success. Through the CMS framework, our tradecraft will be incorporated under one common standard, elevating both federal and industry contract management professionals who are critical to our nation’s success.” “NCMA is pleased to have Leidos join the growing community of CMS™ adopters dedicated to building a stronger bridge between industry and government,” said NCMA Chief Executive Officer Kraig Conrad. “This adoption reinforces Leidos' commitment to the profession; their contract management teams and the missions we serve together.” The U.S. Office of Federal Procurement Policy (OFPP) announced the new classification in a January 19 memo, stating that the CMS™ will become the foundation of a new contracting training system for all civilian agencies effective February 1, 2023. The new Federal Acquisition Certification in Contracting (FAC-C) (Professional) will now align with the Department of Defense framework (DAWIA), which is also based on the CMS™. The American National Standards Institute (ANSI)-approved third edition of the NCMA CMS™ is recognized globally as the preeminent standard in the profession. It serves as the basis for hiring and training frameworks as well as the NCMA’s ANSI National Accreditation Board (ANAB)-accredited Certified Contract Management Associate (CCMA) certification. The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. About Leidos Leidos is a Fortune 500® technology, engineering, and science solutions and services leader working to solve the world’s toughest challenges in the defense, intelligence, civil, and health markets. The company’s 45,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $14.4 billion for the fiscal year ended December 30, 2022. For more information, visit www.Leidos.com. ### Certain statements in this announcement constitute “forward-looking statements” within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management’s current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the “Risk Factors” set forth in Leidos’ Annual Report on Form 10-K for the fiscal year ended December 30, 2022, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

June 01, 2023 07:55 AM Eastern Daylight Time

Foresight Announces First Quarter 2023 Financial Results

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), today reported financial results for the first quarter of 2023. Foresight ended the first quarter of 2023 with $21.7 million in cash, cash equivalents, restricted cash, and short-term deposits. The Company reported a U.S. Generally Accepted Accounting Principles (GAAP) net loss of $4.6 million for the first quarter of 2023 and a non-GAAP net loss for the same period of $4.2 million. “Foresight’s industry-leading technology continued to gain momentum during the first quarter of 2023. We are particularly pleased by our achievements in the Asia-Pacific (APAC) region, as we began an additional important joint proof of concept (POC) project with a leading Japanese global vehicle manufacturer. Foresight Changzhou Automotive Ltd. (“Foresight Changzhou”), our fully owned subsidiary in Jiangsu Province, China, received special recognition from the China Israel Changzhou Innovation Park, and Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”), our wholly owned subsidiary, received its first order for the Eye-Zone™ V2X automotive system from a leading Japanese automotive manufacturer,” said Haim Siboni, CEO of Foresight. “The first quarter also saw a key breakthrough for Rail Vision Ltd. (“Rail Vision”), our affiliate, which received an order from Israel Railways for 10 Main Line Systems. We believe that these achievements for Foresight, Eye-Net, and Rail Vision demonstrate the exceptional performance of our technology, as our POC projects are in the process of converting into orders from leading organizations in the automotive, defense, and transportation industries. As we continue to prove our ability to create tailored, high-performance solutions for a diverse customer base, we expect to see increased demand,” concluded Mr. Siboni. First Quarter Corporate Highlights ● Foresight Announces POC Project with Global Japanese Vehicle Manufacturer: In March 2023, Foresight announced the signing of a paid joint POC project with a leading global Japanese vehicle manufacturer. The POC project will evaluate Foresight’s innovative solution for the automatic calibration of mono cameras. Foresight and the manufacturer will work together to develop a breakthrough solution capable of detecting when a single camera’s position has changed. The solution will also use Foresight’s proprietary software to provide real-time correction of a camera’s position while the vehicle is in motion. If successful, the POC project may provide a solution that eliminates the need for external calibration in a garage for all vehicles using mono cameras. ● Eye-Net Receives Order from Leading Japanese Vehicle Manufacturer for Eye-Zone System: In February 2023, Eye-Net announced that it received its first order for an Eye-Zone vehicle-to-everything (V2X) automotive system from a global Japanese vehicle manufacturer. The two parties will begin a paid POC project to evaluate the capabilities and added value of the Eye-Zone system as a software V2X communication layer. The POC will include the integration of Eye-Zone within the manufacturer’s advanced driver assistance system (ADAS), enabling seamless communication between vehicles and all road users. ● Rail Vision Announces $1.4 Million Agreement with Israel Railways to Sell 10 AI-Driven Main Line Systems: Rail Vision announced in February 2023 that it signed an agreement with Israel Railways for the purchase of 10 Rail Vision Main Line Systems and related services. Rail Vision’s AI-driven obstacle detection system outperformed in all aspects of testing during a POC project with Israel Railways. The total value of the agreement is expected to be $1.4 million. ● Israeli Ministry of Defense Recognizes Foresight Technology as Significant Breakthrough: During the first quarter of 2023, the Israeli Ministry of Defense recognized Foresight’s QuadSight® stereovision solution as a significant technological breakthrough for defense applications. The Administration for Research and Development of Weapons and Technological Infrastructure of Israel’s Ministry of Defense tested the QuadSight solution extensively for more than two years in challenging weather and environmental conditions. Foresight’s passive stereo technology was tested as an alternative to replace active LiDAR sensors, and the solution exceeded all testing requirements. ● Foresight Changzhou Wins Outstanding Enterprise Award: In February 2023, Foresight announced that Foresight Changzhou won the Outstanding Enterprise in International Cooperation award from China Israel Changzhou Innovation Park. Foresight received this award in recognition of its significant contribution to international cooperation in the region, and the company was one of five to win the award, out of nearly 200 companies in the China Israel Changzhou Innovation Park. ● Eye-Net Launches Virtual Sensor for Automotive Industry at CES 2023: Eye-Net showcased its new collision prediction system, Eye-Zone, at CES 2023 in Las Vegas. Eye-Zone uses Road Users Detection and Ranging (RUDAR), a unique virtual sensor that provides a point cloud of the real time location, movement characteristics, and probability of collision with each road user around the vehicle. ● Foresight Introduces Groundbreaking Mono2Stereo™ Solution at CES 2023: In January, Foresight presented a live demonstration of its Mono2Stereo software-based solution at CES 2023. Mono2Stereo uses the overlapping views of existing cameras with different fields of view to create a three-dimensional stereovision. First Quarter 2023 Financial Results Revenues for the first quarter ended March 31, 2023, amounted to $55,000, compared to $35,000 in the first quarter of 2022. The revenues were generated primarily from the successful completion of a POC project with a global Japanese vehicle manufacturer, as well as the completion of the first milestone of Eye-Net’s POC project for the Eye-Zone system from a leading Japanese vehicle manufacturer. Research and development (R&D) expenses, net for the first quarter of 2023, were $3,119,000, compared to $2,692,000 in the first quarter of 2022. The increase is attributed mainly to an increase in payroll and related expenses, primarily due to an increase in engineers within the R&D department. R&D expenses, net in the first quarter of 2023, are offset by participation from the European Horizon 2020 program in the amount of $133,000. Sales and Marketing (S&M) expenses for the first quarter of 2023 were $704,000, compared to $624,000 in the first quarter of 2022. The increase is primarily attributed to an increase in exhibitions, conventions and travel expenses. General and administrative (G&A) expenses for the first quarter of 2023 were $857,000, compared to $1,188,000 in the first quarter of 2022. The decrease is primarily attributed to a decrease in payroll and related expenses and to a decrease in professional services and share-based payments to service providers. Finance income, net for the first quarter ended March 31, 2023, amounted to $60,000. Finance income, net, is attributed primarily to gains from revaluation of the Company’s investment in Rail Vision to its fair value in the amount of $122,000, as well as from interest on deposits in the amount of $210,000, offset by exchange rate differences and other expenses in the amount of $272,000. GAAP net loss for the first quarter of 2023 was $4,586,000, or $0.014 per ordinary share, compared to a GAAP net loss of $2,024,000, or $0.006 per ordinary share, in the first quarter of 2022. Non-GAAP net loss for the first quarter of 2023 was $4,241,000, or $0.013 per ordinary share, compared to a non-GAAP net loss of $1,527,000 in the first quarter of 2022, or $0.004 per ordinary share. A reconciliation between GAAP net loss and non-GAAP net loss is provided following the financial statements that are part of this release. Non-GAAP results exclude the effect of share-based compensation expenses. Balance Sheet Highlights Cash, cash equivalents, restricted cash, and short-term deposits totaled $21.7 million as of March 31, 2023, compared to $26.5 million as of December 31, 2022 GAAP shareholder’s equity totaled $24.6 million as of March 31, 2023, compared to $28.8 million as of December 31, 2022. The decrease is attributed to the net loss for the period. 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) 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., Foresight Changzhou 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 and dense three-dimensional (3D) point cloud that can be applied to different 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. 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 its belief that its achievements, as well as the achievements of Eye-Net Mobile and Rail Vision, demonstrate the exceptional performance of its technology and that it expects to see increased demand, the potential benefits from the use of its solutions, and the expected timing, development and expected value of POC projects. 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, 2023, 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 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., Foresight Changzhou 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 and dense three-dimensional (3D) point cloud that can be applied to different 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 Foresight Autonomous Holdings Ltd. Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

May 31, 2023 04:05 PM Eastern Daylight Time

COMCAST AND TOWN OF MEAD ANNOUNCE THE EXPANSION OF THE COMPANY’S XFINITY 10G NETWORK

Comcast Colorado

Comcast and the Town of Mead announced today that Comcast will expand its Xfinity 10G Network, to serve homes and businesses throughout Mead, Colorado. This planned expansion adds to Comcast’s prior $1.2 billion investment into network and technology advancements throughout Colorado over the last three years. Construction of the new fiber-rich highway began earlier in May 2023 and people will be able to connect beginning in the Fall. With this expansion, Comcast will provide the Xfinity suite of services including broadband internet speeds faster than a gig, video, mobile, voice, home management, and Comcast Business products and services. “Mead residents and businesses have been clear; they want more choice for cable and internet services. Our recent service agreement with Comcast gets us one step closer to fulfilling our commitment to provide high-speed options to our community,” said Mead Mayor Colleen Whitlow. “Access to reliable, fast internet and cable is critical to serve the needs of our growing town. Comcast has a proven track record of dependability and quality, and we look forward to welcoming them into our community.” “Comcast is committed to connecting more people to what and who matters most to them,” said J.D. Keller, Senior Vice President, Comcast’s Mountain West Region. “We’re excited to bring our fast, reliable, secure network and services to the people here in Mead. Whether it’s for work, school, or entertainment, our fiber-rich, multi-gigabit network is built to meet the needs of tomorrow - today.” Comcast is committed to addressing digital equity in the communities it serves through Project UP, the company’s $1 billion dollar commitment to help tens of millions of people connect to the internet and build futures of unlimited possibilities. During the last three years, Comcast Colorado invested more than $42.6 million to help more than 260 community organizations statewide provide personalized digital skills training, offer workforce development/readiness workshops and other tech education to students, adults, and people with disabilities. Comcast works with many Northern Colorado community organizations to advance digital equity, expanding access to technology and supporting technology skills-building programs, including the Boys & Girls Clubs in Weld and Larimer Counties, Thompson Education Foundation, St. Vrain Valley Schools Education Foundation, the Success Foundation Serving Greeley-Evans Schools, United Way in both Weld and Larimer Counties, the Arc of Weld County, Easterseals Colorado and more. Comcast in Colorado will continue to expand its partnerships to support community organizations serving the Town of Mead and other Northern Colorado communities. Comcast’s community funding supports ongoing efforts to build awareness about connectivity programs like Internet Essentials and the federal government’s Affordable Connectivity Program (ACP), which offers eligible households up to $30/month credit, or up to $75 for households on tribal lands, for home Internet. Comcast proudly participates in the Affordable Connectivity Program, and offers Internet Essentials Plus, a $29.95/month home Internet service that is effectively free for eligible households, once the ACP credit is applied. Interested customers can visit Xfinity.com/ACP or call 1-800-Xfinity to learn more about this program and find out if they qualify. Powered by the Xfinity 10G Network Comcast’s network and Internet experience are powering homes today and into the future: Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. Fastest Internet: More than a third of Xfinity Internet customers subscribe to gigabit speed products, and symmetrical gig speeds to the first homes are planned for later this year. Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful Xfinity WiFi Boost Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and business and counting. The company plans to launch a new device that is “storm-ready” with cellular and battery backup to help keep customers connected even when the power goes out. Ultra-Low Latency: The Xfinity 10G Network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. For more construction details and updates, visit www.colorado.comcast.com/mead/ ### About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Town of Mead Lorelei Nelson +1 970-805-4187 Company Website https://colorado.comcast.com/

May 31, 2023 09:00 AM Mountain Daylight Time

Symphony’s Innovate 2023: compliant communications, AI and trader voice take center stage

Symphony Communication Services

May 31, 2023 - Over 300 financial and technology leaders met at Symphony’s Innovate 2023 in London last week to review the latest innovations in compliance-enabling communications, AI and NLP models and the evolution of trader voice capabilities. For the first time, the company showcased live the capabilities of its natural language processing and business insights platform Amenity Analytics - acquired in November 2022 as part of its commitment to deliver AI-powered products as well as support ESG needs in financial services, as Symphony expects to become the secure AI platform for global finance. A large language model and Amenity’s ESG Insights platform were used to create a proof of concept for a customizable ESG summarization bot in Symphony. When queried, the bot provided accurate, timely and actionable data driven insights. Customer 22V joined the Symphony stage to share the firm’s research use case. Video. The company showed the evolution of its trader voice proposition, including a Cloud9 integration with Zoom Phone as well as capabilities that allow customers to move to a cloud-based on demand model, unlocking instant intra and cross firm connectivity and flexibility. Video. Symphony also presented the latest in its compliant messaging offering, with improved capabilities to accelerate client engagement in a compliance-enabling manner. End users can now seamlessly onboard their clients on their mobile device using a dedicated number through the Symphony application. Audio recording and AI-powered conversation summary functionality enable high-touch client communication without sacrificing compliance. LINE, one of Asia's most popular messaging platforms, was announced as a new addition to Symphony’s federated solutions alongside WhatsApp, WeChat, and SMS. Video. CEO Brad Levy said: “We are proud of the innovation our customers are driving in global finance, using the Symphony platform. The team is committed to continue providing a best-in-class platform with a full communications stack and broad set of solutions to conduct business in a compliant way, as well as deep financial services and technology expertise.” He explained: “The reality of this cycle is change is happening at unprecedented speed and Symphony is a great partner to manage that risk and seize new opportunities.” CEO keynote video. Introduced at Innovate 2023 was the new industry-led Operations Directory, showing convenient, instant discovery, enabled by a standard taxonomy for the industry, bringing customers together on a platform that can connect directly into Symphony. Video. Among the industry leaders on stage were Brian Herlihy from 22V Research, Vicky Sanders from OpenFin, Chris Cunalata, Will Shotton, and Pavlo Vozniuk from RBC, Ash Booth, Tom Croft and Allen Li from HSBC, John Abel from Google Cloud, Pinar Emirdag and Vanessa Barade from J.P. Morgan, Prajit Chatterjee from J.P. Morgan Asset Management, Yann Belvisi from CIC Market Solutions, Richard Turner from Insight Investment, Duncan Maccabe and Theodore Sirota from Natwest Markets, Stanislav Ermilov and Richard Payne from Tallarium, Andrew Castello from FIA Tech, Philip Slavin and Kishan Bharwad from Taskize, Philippe Laurensy from Euroclear Group, Adam Watson from BNY Mellon, and Luke Moore and Erin Boyle from IG Markets. Symphony’s embedded collaboration platform, originally introduced at Innovate 2022 in London, was featured with two business use case demos from RBC’s winning Symphony Challenge workflow that showed ECP integrated within OpenFin [ video ], and NatWest Markets Agile Markets trading venue integration. Innovate is Symphony’s flagship conference. While more than 300 leaders joined Innovate 2023 in person, over 600 professionals from around the world were able to watch live online. You can view all Innovate 2023 sessions here. More session videos: Welcome and opening: video Product Introduction: Speed, Flexibility, Connectivity and Security: video Automation, AI and Acceleration in Capital Markets panel: video Tallarium demo: video FIA Tech demo: video Taskize demo: video Closing: video About Symphony Symphony is the most secure and compliant markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate and innovate financial services workflows. It is a vibrant community of over half a million financial professionals with a trusted directory and serves over 1000 institutions. Symphony is powering over 2,000 community built applications and bots. For more information, visit www.symphony.com. Contact Details Odette Maher +44 7747 420807 odette.maher@symphony.com Company Website https://symphony.com/

May 31, 2023 09:33 AM Eastern Daylight Time

Revenue Management Solutions Announces the Appointment of New Board Member Jana Zschieschang

Revenue Management Solutions

Revenue Management Solutions (RMS), a world leader in data-driven analytics and tech-enabled solutions for restaurants, announced Jana Zschieschang as the newest addition to its Board of Directors. Her appointment marks the first new board member since RMS changed ownership in 2017. Zschieschang was also promoted from Chief Marketing Officer to Chief Brand Officer for Revenue Management Solutions. Since becoming Chief Marketing Officer in 2017, Zschieschang has established RMS’ global marketing and communications platform. Today, she manages its Tampa-based marketing team, global internal and external communications, and agency relationships. Most recently, she’s been integral to the company’s People Success initiatives, creating personalized career development plans that give every associate a meaningful growth path at RMS. “Jana is multilingual and previously worked in two of RMS’ international offices. One-third of our business is international, and Jana brings a critical element to our board,” said John Oakes, Chief Executive Officer of RMS. “She also has the pulse of our associates, clients and markets worldwide. She leads effectively and is an instrumental voice in our strategic business decisions.” Under Zschieschang’s leadership, Revenue Management Solutions has become a leading source of reliable restaurant sales and traffic data, menu trends and consumer behavior. In 2022, RMS grew revenue by 24% and added nearly 40 new associates and 15 leading restaurant brands as clients. “Jana elevated our marketing initiatives during the pandemic in meaningful ways to better serve our clients in the restaurant and hospitality sectors,” said Oakes. “Simultaneously, she strengthened our internal communications, recruitment and training processes, resulting in our highest-ever employee satisfaction rating.” As Chief Brand Officer, Zschieschang will continue to refine internal and external communications. In 2023, her team will roll out new and updated products and platforms, further elevating the brand’s client offerings. Internally, Zschieschang and her team are focusing on creating more training opportunities for associates’ professional development and supporting cross-functional communication across all RMS departments and locations. “We are delighted to add Jana to our board, where her invaluable input, judgment, creativity and productivity will prove as valuable as they are to our core business,” added RMS President and Chief Financial Officer Olivier Rougié. Learn more about Revenue Management Solutions’ winning team and industry solutions. About Revenue Management Solutions Revenue Management Solutions (RMS) is committed to supporting restaurants through these ever-changing times. Today, more than 50 major brands in 40-plus countries trust RMS. Its data-driven analytics and tech-enabled solutions optimize sales, menus and a brand’s financial health. RMS provides actionable insights to more than 100,000 restaurant locations worldwide to help them make informed business decisions that drive profitability and combat inflation and rising wages. The company holds five US patents on menu pricing and customer segmentation and supports ongoing academic research efforts. For more information on how RMS helps its clients, visit revenuemanage.com. Contact Details Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Company Website https://www.revenuemanage.com

May 31, 2023 08:10 AM Eastern Daylight Time