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Single Name CDS: RFM is Next Frontier for E-Trading in Emerging Markets

Tradeweb

Last month, Tradeweb became the first electronic trading platform to deploy the request-for-market (RFM) protocol to facilitate a fully electronic single name CDS trade. The two-way market, for which BNP Paribas acted as liquidity provider, involved an emerging market sovereign CDS product, and was executed on Tradeweb’s institutional credit platform. This trade marks an important step forward in the electronification of our markets in many ways. On the evolutionary scale of electronic fixed income and derivatives trading, U.S. Treasuries and European government bonds were the first asset classes to walk upright in electronic markets. Moving relatively quickly along the continuum from the moment the first trade executed over the internet in 1998, the majority of government bond trades are now executed electronically. In comparison, single name credit default swaps (CDS), which are derivative contracts between two parties tied to the credit risk of a single borrower such as a corporate or sovereign issuer, have moved at a slower pace. While underlying corporate bonds and even CDS indices have seen significant electronic trading volumes for many years, single name CDS have lagged behind this growing trend. Anatomy of an Electronic Single Name CDS Trade Each of those details offer important insights into the future of electronic CDS trading. First, there is the protocol. RFM, an electronic tool Tradeweb pioneered in the interest rate swaps market, differs from the widely used request-for-quote (RFQ) protocol. Through the RFM protocol, clients ask dealers for a two-way market rather than a price based on direction. RFM has gained traction over the last several years because it does not disclose the client’s trading intentions, preventing potentially sensitive or strategically valuable information from being revealed. That RFM protocol, with its ability to deliver transparency while simultaneously preserving client intent, is a natural fit for the single name CDS market, where positions are often taken defensively or as part of a larger trading strategy that market participants would not want telegraphed to the broader marketplace. Over the last five years, the RFM protocol on our interest rate swaps platform has gained significant adoption. RFM Opens New Doors of Liquidity in Emerging Markets The other important detail in the trade was the fact that it was for an emerging market CDS product. Following the path taken in more established G10 markets, many emerging markets derivatives trades have started to migrate to electronic trading over the last few years. Starting with the interest rate swaps market, emerging markets trading desks have found significant opportunity in embracing electronification, perhaps more so than in more developed markets. This is because electronic trading protocols, like RFM, address major challenges associated with emerging markets trading such as geographic fragmentation, less transparency in pricing and language barriers. Overall, emerging markets trading desks have experienced efficiency and workflow gains accessing liquidity electronically versus picking up the phone to find the other side of a trade across several different languages and time zones. We’ve seen this trend take place on our platform as well, with emerging markets single name CDS volume growing significantly over the past 5 years and volumes doubling over the last year alone. The Electronic Trading Maturity Curve Last year, for example, emerging market interest rate swaps volume on the Tradeweb platform grew 73% as compared to the prior year. We are beginning to see emerging market CDS take a similar path, with market participants starting to find more transparency and liquidity on electronic markets. The introduction of the RFM protocol and its application in emerging markets CDS is part of Tradeweb’s ongoing pursuit of workflow enhancements to improve liquidity and efficiency. We continue to be encouraged by the volumes we’re seeing and we look forward to supporting the evolution of fixed income and derivatives markets with the adaptations they need to thrive in every environment. About Tradeweb Markets Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 40 products to clients in the institutional, wholesale and retail markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves approximately 2,500 clients in more than 65 countries. On average, Tradeweb facilitated more than $1.1 trillion in notional value traded per day over the past four quarters. For more information, please go to www.tradeweb.com. Market and Industry Data This post includes estimates regarding market and industry data that we prepared based on our management’s knowledge and experience in the markets in which we operate, together with information obtained from various sources, including publicly available information, industry reports and publications, surveys, our clients, trade and business organizations and other contacts in the markets in which we operate. In presenting this information, we have made certain assumptions that we believe to be reasonable based on such data and other similar sources and on our knowledge of, and our experience to date in, the markets in which we operate. While such information is believed to be reliable for the purposes used herein, no representations are made as to the accuracy or completeness thereof and we take no responsibility for such information. Forward-Looking Statements This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future performance and our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of results or developments in future periods. Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release. Contact Details Tradeweb Media Contact Daniel Noonan +1 646-767-4677 Daniel.Noonan@Tradeweb.com Company Website http://www.tradeweb.com

May 10, 2023 07:56 AM Eastern Daylight Time

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SquareX raises $6M as it empowers users to be fearless online

SquareX

SquareX, led by serial cybersecurity entrepreneur Vivek Ramachandran, is developing a browser-based cybersecurity product to keep consumers safe online. The company announced that it has raised USD 6 million in a seed round led by Sequoia Capital Southeast Asia. It will use the funds raised on R&D-engineering and go-to-market. In today's Cloud-SaaS era, the landscape has shifted significantly as professionals primarily use web browsers for all their online activities – checking mail, creating documents, uploading/downloading files, streaming content, banking, and e-commerce. With the browser becoming the new "operating system," attackers are targeting them, introducing an entirely new range of threats such as phishing, identity theft, session hijacking and other browser-based attacks. Unfortunately, the existing generation of cybersecurity products are ill-equipped to combat these threats, as they were designed at a time when the primary threats were file viruses, worms, and network attacks. These products also often hinder productivity by blocking access to files and resources that may not actually be malicious, leading users to disable or uninstall them, and leaving them more vulnerable to attacks. Coupled with widespread and involuntary personal data collection, an average internet user simply does not feel safe online. SquareX is addressing this problem by engineering a cybersecurity product from the ground-up, purpose-built to tackle the current generation of threats. It integrates with the browser as an extension and monitors and protects users while they go about their online activities. SquareX does this by leveraging its cloud service and enables users to open links and files in disposable browsers so that users are protected against any kind of potential threats. These cloud-powered temporary container sandboxes are headless browsers running in data centers on behalf of the user so that all web threats get neutralized and never reach the user’s computer. SquareX also enables users to keep their identity safe and private. "We are driven by our vision to create a digital world where users can embrace the full potential of the internet, unburdened by the ever-growing threats that lurk beneath the surface. We want to enable users to envision a digital landscape where users can confidently engage with the internet without the fear of threats and attacks or having their personal information exposed. By creating a seamless, browser-integrated cybersecurity solution, we are empowering consumers to be fearless online and take control of their own security on the internet. We believe that a safer internet experience is not only possible but essential, and SquareX is dedicated to making it a reality for everyone." Vivek Ramachandran, Founder, SquareX. Vivek is a veteran in the cybersecurity industry with over 20 years of experience in building security products and finding vulnerabilities in security systems. His entrepreneurial experience spans over a decade where he has built wireless monitoring solutions, pentesting gadgets and cloud-powered lab environments. Prior to SquareX, he founded Pentester Academy, a cloud-based cybersecurity training startup which was successfully acquired. Vivek also discovered the infamous Caffe Latte Attack in 2008, and has authored multiple books and research papers on offensive cybersecurity techniques. By providing an unparalleled web browsing user experience without compromising security, SquareX aims to become the new gold standard in consumer cybersecurity products, making the internet a safer place for everyone. SquareX welcomed its first set of users in early March this year. “I would highly recommend SquareX to anyone who prioritizes security, privacy, and ease of use. The platform has transformed my internet browsing experience and has become an essential part of my daily workflow.” Ben Poh, initial user of SquareX. The online world is about to get a whole lot worse as the AI revolution gets channeled towards building malicious code. Every cyber security solution out there is only probabilistically successful in protecting internet users, which is not of much comfort if they get hacked and lose money. SquareX is the first solution we've seen that takes a 100% protection approach - where irrespective of how new and sophisticated the attack is, it has no chance to infect users. This is the future we think all internet users deserve." Anandamoy Roychowdhary, Partner Surge, Sequoia Southeast Asia. SquareX will be launching a beta version of their solution for a limited set of users beginning in May this year. Users can join the waitlist here: www.sqrx.com. About Sequoia Capital India and Southeast Asia Sequoia helps daring founders build legendary companies, from idea to IPO to beyond. Sequoia Capital India and Sequoia Capital Southeast Asia actively partner with founders from a wide range of companies, across categories, including CRED, Druva, Five Star Finance, Freshworks, GoTo, Groww, Kopi Kenangan, Mamaearth, Pine Labs, Polygon, Razorpay, Truecaller, Zomato and more. We spur founders to push the boundaries of what's possible. In partnering with Sequoia, startups benefit with over 50 years of tribal knowledge and lessons learned working with companies like Airbnb, Alibaba, Apple, Dropbox, Google, LinkedIn and Stripe early on. From the beginning universities, endowments, and other non-profits have been the backbone of our investor base which means founders' accomplishments make a meaningful difference. For more information on Sequoia's work in India and Southeast Asia visit sequoiacap.com/India and sequoiacap.com/sea. Contact Details SquareX Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.sqrx.com/

May 10, 2023 07:00 AM Eastern Daylight Time

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COMCAST LAUNCHES SPEEDS FASTER THAN A GIG IN DEMING, PORTALES, AND TAOS

Comcast New Mexico

Comcast announced today internet speeds up to 1.2 Gbps (1,200 Mbps) are now available via the Xfinity 10G Network to nearly 20,000 homes and businesses in Deming, Portales, and Taos, New Mexico. These new speeds are available to new and existing customers. With the launch of new, faster speeds, Comcast, the nation’s largest provider of Gigabit internet, will provide internet options ranging from 50 Mbps to 1.2 Gbps, together with video, mobile, voice, home security and management products, and other products and services geared to local businesses. In addition, Xfinity Internet customers who lease a gateway will have access to Comcast’s next-generation cyber protection, xFi Advanced Security, that automatically detects and blocks of cyber threats like malware, providing peace of mind to consumers and businesses. “Comcast is committed to connecting more people to what matters most to them,” said Chris Dunkeson, Area Vice President, Comcast. “We’re excited to bring additional internet options to consumers and businesses on our fast, reliable, secure network. Whether it’s for work, school, or entertainment, our fiber-rich, gigabit network is built to meet the needs of tomorrow - today.” Comcast also is addressing digital equity in the communities we serve 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. In the last three years, Comcast has invested more than $13.5 million in more than 75 nonprofit and community organizations across New Mexico. Additionally, Comcast will continue to bring affordable, high-speed internet to low-income households through Internet Essentials. In over 10 years, the program has connected more than 10 million Americans, including 412,000 New Mexicans. Comcast also proudly participates in the federal Affordable Connectivity Program, which provides a subsidy of up to $30 per month –up to $75 per month in tribal areas—to pay for Internet service, covering the full cost of both Internet Essentials (50/10 Mbps) and Internet Essentials Plus (100/20 Mbps) for eligible households. Interested customers can visit Xfinity.com/ACP or call 1-800-Xfinity to learn more about this program and find out if they qualify. -More- 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: Comcast is the largest provider of Gigabit internet and about one third of Xfinity Internet customers subscribe to gigabit speed products. 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. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Julianne Phares +1 505-218-0961 julianne_phares@cable.comcast.com Company Website https://newmexico.comcast.com/

May 09, 2023 11:05 AM Mountain Daylight Time

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Monogram Orthopedics Plans NASDAQ Listing After Reg A+ Funding Round Concludes

Monogram Orthopedics

Monogram Orthopedics will conclude their Reg A+ funding round in preparation for their planned Nasdaq listing under the reserved ticker symbol “MGRM.” Monogram is working to develop patient-optimized, 3D-printed orthopedic implants enabled by robotics with advanced pre-operative imaging. Investors who wish to participate in the offering can subscribe at Monogram Orthopedics |Reg A+ Investment and hit the invest now button after reviewing the Company’s offering documents. The ability to subscribe to the offering on the Company’s site will conclude on May 10, 2023. Approximately 1.7 million patients receive knee replacement surgeries each year, but up to 20% experience chronic pain after the procedure. In addition, 40% of total knee replacement revision surgeries are caused by mechanical loosening, showing a need to improve knee implants for better fixation. Because of this, one-in-five patients report high levels of dissatisfaction after their procedure, with over a third of patients (36%) reporting they wouldn’t choose to have the procedure if they could do it again. Monogram Orthopedics plans to address these issues by 3D-printing FDA-approved implants tailored to each patient's unique anatomy. They are developing low-latency active-milling robots to make the precise cuts needed for custom implants, which aims to reduce the number of incisions and bone loss during surgery. “By 2027 50% of knee replacement surgeries will be performed robotically. Monogram is currently the only company offering FDA-approved, 3D printed, patient-specific implants that, in the future, will be inserted with active milling robots,” Benjamin Sexson, CEO of Monogram Orthopedics said. “With the coming close of our current Reg A+ funding round we are happily looking forward to our planned public listing. We imagine our investors will be just as excited as we are to one day see ‘MRGM’ scrolling on the ticker outside the NASDAQ exchange’s building in Times Square,” he added. “Having been a critical part of the Monogram development and heavily involved in building the formative technology as the Company's longest-tenured employee, I can say on behalf of myself and my colleagues that this planned listing will be a tremendous accomplishment. It has been an honor to help push this engineering effort and to have had the opportunity to play such a critical role in developing this transformative product.” Sanath Vurelli, Senior Robotics Engineer, at Monogram Orthopedics said. The company recently demonstrated a total knee replacement surgery by a surgeon operating in New York City on a cadaver patient in Austin, Texas. Their 3D-printed replacement’s patented design facilitates a bone-to-implant bond so they do not rely on bone cement. ABOUT MONOGRAM ORTHOPEDICS Monogram Orthopedics is working to develop a product solution architecture with the long-term goal to enable patient-optimized orthopedic implants at scale by linking 3D printing and robotics with advanced pre-operative imaging. The Company has a robot prototype that can autonomously execute optimized paths for high precision insertion of implants in synthetic bone specimens. Monogram intends to produce and market robotic surgical equipment and related software, orthopedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation necessary for reconstructive joint replacement procedures. The Company has not yet made 510(k) premarket notification submissions or obtained 510(k) clearances for any of its robotic products. FDA approval is required to market these products, and the Company has not obtained FDA approval for any of its robotic products, and it cannot estimate the timing, or assure the ability, to obtain such clearances. Monogram Orthopedics changing the way orthopedic surgery is done. Our system combines personalized knee implants with precision robotic surgical assistants, giving patients a better-fitting knee replacement with minimally invasive surgery. 100,000 knee replacements failing each year in a $19.4B market, represents an enormous opportunity for us. This press release may include ''forward-looking statements.'' To the extent that the information presented in this presentation discusses financial projections, information, or expectations about Monogram Orthopedics Inc.’s business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as ''should,'' ''may,'' ''intends,'' ''anticipates,'' ''believes,'' ''estimates,'' ''projects,'' ''forecasts,'' ''expects,'' ''plans,'' and ''proposes.'' Although Monogram Orthopedics Inc. believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and Monogram Orthopedics Inc. does not undertake any duty to update any forward-looking statements except as may be required by law. The offering will be made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed with the U.S. Securities and Exchange Commission and has become qualified. The securities offered by Monogram are highly speculative. Investing in shares of Monogram involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue. Monogram intends to list its securities on a national exchange and doing so entails significant ongoing corporate obligations including but not limited to disclosure, filing and notification requirements, as well compliance with applicable continued quantitative and qualitative listing standards. For additional information on Monogram, the offering and any other related topics, please review the Form 1-A offering circular that can be found at the following location EDGAR Entity Landing Page (sec.gov). Additional information concerning Risk Factors related to the offering, including those related to the business, government regulations, intellectual property and the offering in general, can be found in the risk factor section of the Form 1-A offering circular: https://www.sec.gov/Archives/edgar/data/1769759/000110465923024829/tm237645d1_partiiandiii.htm DealMaker Securities, LLC is being compensated a 4% commission from the lead Selling Agent engaged by Monogram Orthopedics Inc. The Company has engaged Digital Offering, LLC (“Digital Offering”) to act as lead selling agent (which we sometimes refer to as the “Selling Agent”) to offer the shares of our common stock, par value $0.001 (the “Common Stock”) to prospective investors in this offering on a “best efforts” basis, which means that there is no guarantee that any minimum amount will be received by the Company in this offering. The Company will pay a cash commission of 7.00% to Digital Offering on sales of the shares of Common Stock. See “Plan of Distribution” in the Offering Circular for details of compensation payable to the Selling Agent in connection with the offering. DealMaker Securities, LLC is not affiliated with other companies mentioned herein. Contact Details Monogram Orthopedics Loreana Davi +1 512-790-5151 info@monogramorthopedics.com Company Website https://invest.monogramorthopedics.com/

May 09, 2023 10:58 AM Eastern Daylight Time

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CardSnacks Helps Loved Ones Send the Perfect E-Card with AI-Powered, Personalized Greeting Suggestions

CardSnacks

With Mother’s Day and Father’s Day holidays approaching, CardSnacks, the leading platform for individuals and businesses to send personalized e-greetings and gift cards, has introduced an artificial intelligence feature to assist senders in finding the right words to express their love and appreciation. For the first time, CardSnacks users will be able to employ AI-powered technology to build personalized greetings or use AI to suggest the right sentiment and approach for their own words. “Anyone who has ever sat down to write a personalized greeting knows that finding the right words to say is often hard,” said Mark Wachen, founder and CEO of CardSnacks. “With our new AI technology, users can now bring to life their own feelings faster and easier. Whether they adopt the AI suggestions fully or simply use them as a starting point for their own creativity, we are providing our users with a faster, more simplified approach to best express how they feel about those they love or respect.” The new AI feature allows users to set the stage for what they want to say. After choosing from one of the thousands of card options available, senders can then select their relationship to the recipient and the emotion they want to convey. Afterwards, CardSnacks provides AI-powered, personalized greetings to consider. For example, senders could choose a Mother’s Day card cover and then provide the app with details on the recipient and the type of message they want to create. Should the card be funny, sentimental, or heartfelt? Does your mother have specific interests or hobbies you want to mention? Do you want to send a regular message, or perhaps a rhyme? Through CardSnacks proprietary, easy-to-use AI card builder, a sender can input this information, and a customized greeting will be created in just seconds. Here’s a video that shows an example of what the experience would be like for a user of the CardSnacks app: cardsnacks.net/AI This does not mean, however, that you must use what the CardSnacks AI engine suggests. Users can edit the responses or create their own, using the AI feature solely as a way to get the thoughts started. Indeed, users can further add their own personalization by adding photos, videos, stickers and choosing music from tens of thousands of popular songs available in the app. And they can also include a gift by attaching a gift card from the over 400 leading retailers available in the CardSnacks app. “Until now, people had a choice that fell between pre-printed, canned messages and blank cards that sometimes challenged them to be creative,” Wachen said. “Our new feature is an ideal application of AI as it provides a fun easy way to take the thoughts in your head and instantly turn them into a fun, personalized greeting.” The feature is available now to all CardSnacks premium members, and for a limited time, can be sampled by free users as well. The feature is available on iOS, and will be coming to Android and the Web soon. About CardSnacks CardSnacks is the leading platform for individuals and businesses to send personalized e-greetings, invitations, and gift cards. It is based in New York, with employees in California, London, and Israel. CardSnacks is available in the Apple App Store, Google Play Store, and on the web. For more information, please visit us at https://www.cardsnacks.com. Contact Details CardSnacks Media press@cardsnacks.com Company Website https://www.cardsnacks.com/

May 09, 2023 09:15 AM Eastern Daylight Time

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Foresight Regains Compliance with Nasdaq Minimum Bid Price Rule

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, today announced that it has received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) informing Foresight that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), for continued listing on The Nasdaq Stock Market, and the matter of previous non-compliance is now closed. Foresight was previously notified by Nasdaq on May 23, 2022, that it was not in compliance with the minimum bid price rule because its American Depositary Shares (“ADSs”) failed to meet the closing bid price of $1.00 or more for 30 consecutive business days, as required by the Nasdaq Listing Rules. To regain compliance with the bid price, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. From April 21, 2023, through May 4, 2023, the closing bid price of the Company’s ADSs has been at $1.00 per ADS or greater. Accordingly, the Company has regained compliance with Nasdaq's minimum bid price rule. 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 Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

May 08, 2023 08:10 AM Eastern Daylight Time

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OPPO Launches 2023 Inspiration Challenge, Investing USD $440,000 to Call for Innovative Technical Solutions

OPPO

Through OPPO Inspiration Challenge, OPPO Research Institute will partner with Qualcomm Technologies, GSMA 5G IN, Amazon Web Services, and LinkedIn to empower technology professionals and entrepreneurs worldwide to bring innovative solutions to life. In line with OPPO’s mission of ‘Technology for Mankind, Kindness for the World’, 2023 Inspiration Challenge is calling for proposals in the two categories of ‘Inspiration for People’ and ‘Inspiration for the Planet’. SHENZHEN, CHINA - Media OutReach - 8 May 2023 - OPPO Research Institute, together with global partners Qualcomm Technologies, GSMA 5G IN, Amazon Web Services and LinkedIn, announced the launch of 2023 OPPO Inspiration Challenge on the World Smile Day. Based on the brand proposition of "Inspiration Ahead", OPPO and its global technology ecosystem partners aim to bring new and innovative solutions to life by providing funding, support and partnership opportunities. By working together, OPPO hopes these innovations can create a positive impact, and encourage greater awareness of the issues that affect global communities. 2023 OPPO Inspiration Challenge – Call for Proposals OPPO and partners pledge funding and technical support for innovative proposals “OPPO believes deeply in the idea of ‘Virtuous Innovation’. As we continue to explore new technology, we remain dedicated to doing so in a way that puts people first.” said Head of the OPPO Research Institute. “With the global issues like public health, accessible technology and environmental protection being the key concerns, we could not rely on our own efforts to provide solutions. We have therefore initiated the Inspiration Challenge to empower likeminded innovators to tackle these big issues together with us using the power of technology and create a better world for all.” Applications for the 2023 OPPO Inspiration Challenge will start from May 8 to June 30, with three regional demo events set to take place in Bangkok, Boston and Shenzhen at early August. Finalists from each regional demo event will be invited to join the Inspiration Challenge Acceleration Camp and meet with OPPO executives and technical experts to revise their proposals before the global final demo event at the end of August. Global Timeline for 2023 OPPO Inspiration Challenge All the proposals for OPPO Inspiration Challenge this year will be evaluated based on the four criteria of Feasibility, Technological Innovation, Long-term Potential, and Social Values. A total of 15 qualified proposals from regional demo events will be selected as global finalists and top 5 winning proposals will be selected in the global final demo event, each being awarded a grant of USD $50,000 (approximately 350,000 RMB, tax included). Further partnership opportunities are open to the top 45 proposals worldwide – made up of the top 15 proposals in each regional challenge – including, but not limited to: Productization and commercialization opportunities: an incubation fund totaling US$190,000 (approximately RMB 1.25 million, tax included), will be set up to co-develop solutions for implementation. Strategic partnership and investment opportunities. Opportunities to showcase at global technology events. Opportunity to receive cloud resources and technical support from Amazon Web Services. OPPO to collaborate with technology professionals worldwide to create a better future During OPPO Inspiration Challenge last year, 536 proposals were collected from innovators around the world aimed at tackling key challenges in ‘Accessible Technology’ and ‘Digital Health’. OPPO has since worked with 18 of these teams to further implement their proposals and has brought some of them to global platforms such as OPPO INNO DAY 2022 and MWC 2023. Top 10 Outstanding Proposals for 2022 OPPO Inspiration Challenge As health, accessibility, and environmental protection being the key focuses for society, it’s important to drive progress in these key areas through innovative technology. 2023 OPPO Inspiration Challenge will focus on the two categories of ‘Inspiration for People’ and ‘Inspiration for the Planet’, supporting technology professionals around the world to develop innovative solutions in these two areas. Inspiration for People: Innovative Solutions for Digital Health and Accessible Technology This category is a call for technologies, products and services related to digital health and accessible technology. It includes health algorithms; hardware sensor innovations i.e. the integration of new and advanced sensors into daily health monitoring devices; innovative products for digital health monitoring; accessibility assistive technologies; and technology designed for the elderly. The primary focus of this category is to make technology accessible and beneficial to everyone. Inspiration for the Planet: Innovative Solutions for Environmental Protection and Low-Carbon Development Aligned with OPPO's pledge to achieve carbon neutrality in its operations by 2050, this category calls for innovative solutions related to environmental protection and low-carbon development as applied to consumer electronics. It includes renewable energy; sustainable materials and packaging; green production processes; recycling of electronic products; and carbon emission digital management. The primary focus of this category is to minimize the environmental impact of electronic product manufacturing or usage, and to promote sustainable development through technology. Global applications for the 2023 OPPO Inspiration Challenge will be open from May 8 to June 30. To learn more about the program or register, please visit the official webpage at: https://www.oppo.com/en/proposal/. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. Contact Details OPPO Media Contact press@oppo.com

May 08, 2023 02:00 AM Eastern Daylight Time

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Industrial ETF ‘XLI’ May Open Doors to Manufacturing and Transportation

Select Sector SPDR

At the backbone of any economy is the industrial sector, the manufacturing of goods and materials and then the transportation of those goods and materials. An exchange-traded fund can offer easy access and at a reasonable cost, coverage into the industrial sector, a potentially significant component of any diversified portfolio. The Industrials Select Sector SPDR Fund (XLI) consists of 75 U.S. stocks representing key subsectors that fuel the U.S. economy, in good and bad times. XLI tracks a modified market cap-weighted index of industrial-sector stocks drawn from the S&P 500, holds approximately $13 billion in assets under management, and has a 0.10%* annual expense ratio, making it one of the most efficient ways to gain access to this important sector. The top 10 holdings** for XLI are: Raytheon Technologies Corp. (4.93%) Honeywell International Inc. (4.50%) United Parcel Service, Inc. Class B (4.46%) Union Pacific Corp. (4.08%) Boeing Co. (3.85%) Caterpillar Inc. (3.80%) General Electric Co. (3.70%) Deere & Co. (3.47%) Lockheed Martin Corp. (3.58%). Automatic Data Processing (3.08%) Raytheon, Honeywell, UPS, Union Pacific, and Boeing are dominant by market capitalization in this sector. Aerospace and defense, building products, construction and engineering, electrical equipment, conglomerates, machinery, commercial services and supplies, air freight and logistics, airlines, marine, road, and rail are all represented by XLI. XLI is employed by investors ranging from institutional, financial advisors, and individuals to open the door to this important diversification vehicle, packed in the efficient and low-cost ETF wrapper. With average daily volume exceeding 9 million shares, this ETF is actively traded. The consistent volume results in tighter trading spreads for investors. This simple to use and understand fund has been trading for more than twenty-four years. The starting line for any economy is the production of goods and transportation of that product to businesses and consumers. XLI can offer exposure to that starting line that is essential to the day-to-day lives of commerce, retail, and services. As in any well-diversified portfolio construction, understanding the role and importance of each of the key 11 sectors of the S&P 500 will help in managing better portfolios. The industrial sector and XLI could be a good starting point for investors, big or small. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 5/1/23 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. Contact Details Dan Dolan dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

May 05, 2023 04:30 PM Eastern Daylight Time

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ARway announces integration with Microsoft HoloLens AR glasses

ARway

ARway Corporation CEO Evan Gappelberg joins Proactive's Stephen Gunnion with news that the company has begun the development of integrating its platform with the Microsoft HoloLens. Gappelberg says the integration will bring a new level of immersive experience to the HoloLens and ARway users, providing them with a seamless and intuitive way to interact with indoor AR wayfinding, augmented reality (AR) experiences and 3D products, advertisements, and more. This follows the recent announcement of an integration with Magic Leap Glasses, he says, adding that the company will be targeting additional AR glasses and headsets. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

May 05, 2023 12:58 PM Eastern Daylight Time

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