August 30, 2022

Matterport Reinvents the Digital Twin with the Revolutionary Pro3 Camera and New Cloud Platform

Breakthrough innovations in 3D capture technology and AI-powered digital twin software create new ways for enterprises to market and manage properties digitally

SUNNYVALE, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR), today introduced the all-new Matterport Pro3 Camera along with major updates to its industry-leading digital twin cloud platform. The Pro3 is a breakthrough in 3D capture technology, ready to digitize every aspect of the physical world, indoors and outdoors. Matterport’s next generation digital twin platform builds on the company’s groundbreaking immersive virtual experiences to enable advanced workgroup collaboration and productivity, delivering cost savings and revenue growth for organizations of all sizes, from small businesses to global enterprises.

These new offerings arrive as global demand for digital twins – visually immersive, interactive 3D models of buildings and spaces – continues to rise. Forrester Research reports 55% of global software technology decision makers are already adopting digital twins¹. As an industry leader, Matterport saw 52% growth in total subscribers in the second quarter compared to the year ago period, and already serves 23% of the Fortune 1000 with its digital twin platform.

“Today marks a pivotal breakthrough in 3D technology with the introduction of the most powerful products Matterport has ever created,” said RJ Pittman, Chairman and Chief Executive Officer, Matterport. “Our new Pro3 camera and cloud platform create some of the world’s most accurate, immersive and stunning digital twins. The opportunity has never been greater for companies to embrace the power of Matterport digital twins to transform their business.”

Matterport for Enterprise
Digital twins empower business leaders to confidently navigate an uncertain economic environment while accelerating the productivity of a mobile and remote-first workforce; 79% of business leaders cite cost savings and 71% point to operational efficiencies as the key drivers of their digital twin investments². It’s why the new Pro3 camera and cloud platform were built for the demands of enterprises with scalability, reliability and security at the core, making Matterport’s digital twin platform one of the most trusted in the industry.

The new Pro3 camera and cloud platform advancements make it easier than ever for customers to create immersive digital twins. Customers across sectors – factories, retailers, hotels and airlines – report digital twins have reduced project times by 30% and cut travel expenses by up to 50% through greater remote collaboration. One commercial real estate customer reported closing sales up to 85% faster. Hospitality customers find bookings and occupancy rates increase 14% for properties with a digital twin. The benefits aren’t just for large enterprises – real estate agents using digital twins win up to 74% more listings and 71% of residential buyers say they would buy a home sight unseen if it had a 3D digital tour.

The Matterport Digital Twin Platform
Matterport has reimagined the cloud software platform that creates, publishes, and manages digital twins of buildings and spaces of any size or shape, indoors or outdoors. All of these new capabilities integrate seamlessly so customers can securely create immersive environments for their employees, customers and partners to collaborate and explore.

Maximize productivity from a single digital twin with a new workgroup collaboration framework called Views, to enable groups and large organizations to create separate, permissions-based workflows to manage different tasks with different teams such as: virtual inspections, remote training, space planning, personalized virtual tours, and so much more.

Views create separate, permissions-based workflows from a single digital twin

Increase customer engagement, productivity and sales conversions with all-new Guided Tours and Tags to elevate the visitor experience. Now marketing and sales teams can create directed virtual tours of any commercial or residential space tailored to the interests of their visitors, and operations teams can create guided virtual training courses for remote workers.
Go further with Matterport Capture Services, now supercharged with the new Pro3 camera to get the highest quality professional digital twin from an on-demand capture technician in major cities around the world. Capture Services for Enterprise can now digitize a single space to a portfolio of thousands of buildings, indoors and out. From retail chains to hotel property groups and corporate campuses – it has never been easier to get a dimensionally accurate, photorealistic Matterport digital twin to manage properties online.

Matterport Capture Services with Pro3

Matterport Capture Services, now supercharged with the new Pro3 camera

Matterport Capture Services brings your property to life, available on-demand globally

Take the entire Matterport platform wherever you go with a fully enabled mobile solution that brings together capture, customization, view, edit, publish and restore capabilities to digital twins with the new Matterport App for iOS and Android devices.

Immersive collaboration available anywhere with the Matterport App

The Matterport Pro3 Camera

The Matterport Pro3 Camera provides the highest accuracy digital twins of indoor and outdoor spaces

The Matterport Pro3 Camera is the most advanced Matterport 3D capture device with a powerful combination of sensors working in harmony to create stunning images, both indoors and outdoors. No other camera combines the incredible power of this device at this price point, making 3D capture more widely accessible.

With a custom 20 megapixel sensor and 12-element lens covering an ultra-wide angle, the Pro3 camera produces accurate, detailed digital twins in brilliant, life-like color. Breakthroughs in the high-precision LiDAR sensor enable the capture of millions of measurements in various conditions, from dim light to direct sunlight, up to a range of 100 meters at less than 20 seconds per sweep.

The custom 20MP Pro3 lens covers an ultra-wide angle for life-like digital twins in any environment

The Pro3 camera revolutionizes 3D capture, setting new standards for speed, fidelity, versatility and accuracy. Where interactive mesh previously had a 50k polygon limit, it is now unlimited and the mesh for large spaces can easily exceed one million polygons. New digital twins are now streamed on demand as the user moves through a space, available on mobile and web platforms for all users for faster load times, quicker frame rates, and much more detail without compromising performance.

Matterport’s Cortex AI engine is upgraded to capture 5x higher range, enabling customers to transform their interior and exterior spaces, even when encountering difficult foliage, lighting and reflective surfaces. The combined power of the new Matterport Digital Twin platform, Pro3 and upgraded Cortex AI result in some of the most accurate, immersive and stunning digital twins ever created.

“The Pro3 camera reflects years of advanced R&D and listening closely to our customers. The result is a breakthrough in 3D capture technology,” said Lou Marzano, Vice President of R&D and Manufacturing. “The demands of the digital-first industry push our product standards to new levels, making precision, range, and mobility critical to our customers’ success. We put all of this together into a portable device that achieves a new threshold for price-to-performance of commercial LiDAR capture. Some of our largest enterprise customers have already put Pro3 to the test – capturing large outdoor venues from stadiums to campuses with speed and accuracy never before seen. Like the Pro1 and Pro2 that came before it, the Pro3 camera is in a class by itself and I am so proud of the team behind yet another industry first.”

The Pro3 camera is Matterport’s lightest and most compact camera, designed for maximum portability

With a striking new design that’s uniquely Matterport, Pro3 is packed with groundbreaking features including:

Custom built 20 megapixel sensor and 12-element lens for ultra-wide capture of large spaces
Captures 100k points per second at depths ranging from 0.5m to 100m
High-precision LiDAR sensor for unparalleled precision in various light conditions
Camera boot time of less than 40 seconds
Removable battery packs for continuous scanning, batteries fully recharge in 3.5 hours
Weighing under five pounds, Pro3 is 30% smaller and 35% lighter than the Pro2 camera
New tripod mount engineered for Pro3 and new cases for maximum portability and protection

Pricing and Availability
The Matterport Pro3 Camera is available for purchase at matterport.com/pro3 or through one of Matterport’s partners, including: Amazon, B&H Photo and Video, and Adorama.

Matterport Pro3 Camera is priced at $5,999 USD and includes:
- Pro3 Camera in Carry Case
- One Tripod Mount
- One Battery and Charging Kit
- One Year Warranty
The Matterport Pro3 Acceleration Kit offers the best value at $7,995 USD. This bundle includes everything needed for a full day of capture:
- Pro3 Camera in Carry Case
- 10 Matterport E57 high density point cloud files to complete large projects quickly ($890 USD value)
- 10 MatterPaks to extract floor plans, point cloud files, and OBJ files from digital twins ($500 USD value)
- One Tripod Mount
- Two Batteries with One Charging Kit
- One Tripod, Wheeled Dolly, Two Door Stops, One Hard Case, and One Backpack
- 3-year Warranty on Pro3 Camera and Tripod Mount ($2,000 USD value)
Accessories available separately in the US, UK and European Union through Amazon. For pricing information, visit Matterport’s website.

Pro3 camera availability varies by region.

Customers in North America may place orders today with estimated shipments in early September 2022.
Customers in the EMEA region can place orders soon with estimated shipments in early October 2022.
Customers in the APAC region can place orders online soon with estimated shipment of early October 2022.

For more information about the Pro3 camera and Matterport’s new digital twin platform, visit matterport.com

About Matterport
Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at Matterport.com and visit our Discover page to browse a collection of digital twins captured by our customers.

Media Contact:
Steve Lombardi
VP, Communications and Business Affairs
press@matterport.com

Investor Contact:
Soohwan Kim, CFA
VP, Investor Relations
ir@matterport.com

Forward-Looking Statements

This document contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Matterport, Inc. (“Matterport”) and the markets in which Matterport operates, business strategies, industry environment, potential growth opportunities, and Matterport’s projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “forecast,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions).

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including Matterport’s ability to implement business plans, forecasts, and other expectations in the industry in which Matterport competes, and identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in documents filed by Matterport from time to time with the U.S. Securities and Exchange Commission (the “SEC”). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Matterport assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Matterport does not give any assurance that it will achieve its expectations.

¹ Forrester Research, “Jekyll And Hyde: The Dual Role of Emerging Tech in Environmental Sustainability”, 04/22
² Source: Capgemini Research Institute, Digital Twins survey, September-October 2021, N=1,000 organizations.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/a0a539e6-d18c-4235-be20-b4752eaad546
https://www.globenewswire.com/NewsRoom/AttachmentNg/662660ad-abd9-431a-ba08-fac5f796496e
https://www.globenewswire.com/NewsRoom/AttachmentNg/cbf1240e-323d-4341-a4f9-acab75d0970b
https://www.globenewswire.com/NewsRoom/AttachmentNg/c8775582-88e0-4f2d-a438-fc52c79bbc2a
https://www.globenewswire.com/NewsRoom/AttachmentNg/03ffc7bd-54ea-4b9c-8c9a-acdd87f93cd7
https://www.globenewswire.com/NewsRoom/AttachmentNg/2cdb9b54-399a-40e3-8a1f-8b1e895dacdf
https://www.globenewswire.com/NewsRoom/AttachmentNg/f14b7fe6-4a09-4214-a064-22c7fb2ca568

August 30, 2022

nCino to Participate in Upcoming Investor Event

WILMINGTON, N.C., Aug. 30, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced its participation in the following investor conference:

Piper Sandler Growth Frontiers Conference
Presentation: Tuesday, September 13, at 3:20 p.m. ET

The live webcast, as well as replay from the event, will be available on the Company’s Investor Relations website at https://investor.ncino.com/news-events/events-and-presentations.

About nCino
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. The nCino Bank Operating System^® empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino’s single cloud-based platform enhances the employee and client experience to enable financial institutions to more effectively onboard clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,750 financial institutions of all types and sizes on a global basis. For more information, visit www.ncino.com.

INVESTOR CONTACT
JoAnn Horne
Market Street Partners
+1 415.445.3240
jhorne@marketstreetpartners.com

MEDIA CONTACT
Kathryn Cook, nCino
+1 919.691.4206
kathryn.cook@ncino.com

August 30, 2022

Meco Limited announces the launch of world first advanced solar-electric cryptocurrency mining rigs for enhanced performance.

LONDON, Aug. 30, 2022 (GLOBE NEWSWIRE) — Meco Limited (Mecobit) unveiled the much-anticipated Ultimate Solar Power System (a solar power system with amazing backups and cryptocurrency miners) at an elite launch event at the Hong Kong Technology Bureau in August 2020.Compact Solar Station Solar Panel Kit (Complete) Solar Array M4000 Highlights one of the most memorable solar powered crypto equipment in the world. Essential equipment that helps keep running or affects equipment such as appliances, dryers, pool siphons or electric car chargers, or even cryptocurrency mining equipment. We are looking for a boost from the global problems of fossil fuel by-products, high levels of electricity consumption. “It improves the way we approach imagination and planning. Moreover, make this progress reasonable for the customer,” said B. FRANCI, CEO of MECO LIMITED.

With the solar-focused part of the controlled hash rate seemingly easy to develop, many see the potential for sustainable electricity use in Bitcoin mining as a cycle of justice – Mecobit provides an extreme boost to cryptocurrency mining by enabling the mission to use sustainable electricity. The cheapest electricity imaginable will encourage more tasks to focus exclusively on environmentally friendly sources such as solar energy.

Key features of our miners:

⦁ Meco Rack:

Capacity: BTC-4850 TH/s, ETH/ETC-20000 MH/s

Calculation: SHA256, Ethash

8 x Nvidia RTX 3090 (includes warranty)

2 x Mining Frame/Shelf

3 x 930W 110-220V fully modular power supplies.

⦁ M100 miner:

Hash Rate: BTC 450TH/s, ETH/ETC 2000MH/s

Power: 1400 watts

Calculation: SHA256, Ethash

Connection: Ethernet/Wireless

⦁ M200 miner

Hash Rate: BTC 650 TH/s, ETH/ETC 2300 MH/s

Power: 1800 watts

Calculation: SHA256, Ethash

Connection: Ethernet/Wireless

About Mecobit

It was launched in 2015 with the determination to create and demonstrate to the world a solar-powered digital currency mine, and depending on the miner’s inclination, Ethash, SHA-256 or Scrypt innovations can be used. The organization says it is the absolute first solar-powered digital currency mining project on Earth. “We need to disrupt the solar charger business by providing more power at a more reasonable value than was recently thought to be the case.” – B. Franci (founder). Based on Chiswick High Road in London, UK, Mecobit has locations in various urban communities around the world, including the US. Additional information about the organization and its projects is available on the organization’s website www.mecobit.com

Contact: Ben Lukas, ben.lukas@mecobit.com, 852-3001 1453

August 30, 2022

MACCO Restructuring Group Leads Successful Efforts to Captain and Transit Semi-Submersible Oil Drilling Rig Across Gulf of Mexico

MACCO Managing Director David Weinhoffer Acts As Chief Restructuring Officer in Bankruptcy Proceedings for In re: LaForta – Gestão e Investimentos, Sociedade Unipessoal, Lda

HOUSTON, Aug. 30, 2022 (GLOBE NEWSWIRE) — MACCO Restructuring Group, a national, middle-market-focused interim leadership and financial advisory firm, recently announced that MACCO Managing Director David Weinhoffer, serving as Chief Restructuring Officer for LaForta – Gestão e Investimentos, Sociedade Unipessoal, Lda., successfully assumed control of and transited La Muralla IV, a sixth generation, semi-submersible oil drilling rig. La Muralla IV is the primary asset of LaForta, which filed a voluntary petition under chapter 11 in the United States Bankruptcy Court for the Southern District of Texas, Houston Division on June 16, 2022. Under Weinhoffer’s leadership, the massive drilling rig, capable of operating in 10,000 ft of water and drilling to a 35,000 ft depth, has been successfully towed across the Gulf of Mexico from Tampico, Mexico to Freeport, Grand Bahamas.

MACCO, which has extensive restructuring experience in energy, including both onshore and offshore oil and gas exploration and production, was able to ensure the safe transit of the drilling rig. Weinhoffer led the complex international efforts to assume control of the rig and assure its safety and that of its crew despite numerous operational and regulatory challenges. His deep knowledge of seafaring, marine operations, business restructuring and bankruptcy were central to the successful transit.

La Muralla IV is being readied for a marketing and sale process expected to commence in earnest next month. Under the proposed bid procedures, available at https://cases.stretto.com/LaForta/, Weinhoffer will direct the marketing and sale process, including by soliciting and evaluating bids for La Muralla IV. The proposed bid deadline is October 26, 2022, with sale approval expected 3 weeks later and sale consummation by the end of November. If you are interested in being a bidder for La Muralla IV, please contact Weinhoffer at davidw@macco.group to gain access to the Data Room and schedule an in-person inspection.

LaForta is also advised by Counsel, Rebecca Blake Chaikin, Genevieve M. Graham, and Veronica A. Polnick of Jackson Walker, LLP; Special Corporate Counsel, Jennifer Demarco and Sarah Campbell of Clifford Chance; and Ole’ Aagvaard, Project Manager, of ABW Vessel Management, Ltd. The Backstop Lenders are advised by Counsel, Mark Shinderman, Casey Fleck, and Brian Kinney of Milbank, LLP; Michael Warner and Benjamin Wallen of Pachulski, Stang, Ziehl & Jones, LLP; and Kristen Bodden of Maritime Finance Ltd.

Drew McManigle, Founder and CEO of MACCO said, “David and the MACCO La Forta team working collaboratively with legal counsel, accomplished what initially appeared, almost unachievable. He successfully navigated international troubled waters in order to preserve stakeholder’s value.”

About MACCO

MACCO Restructuring Group, LLC is a national, middle-market focused interim leadership and financial advisory based in Houston with offices in Las Vegas, Denver, Oklahoma City, Wilmington/Philadelphia, and New York City. MACCO’s professionals possess real world business experience and have managed and led companies across a wide array of industries while acting as CEOs, CROs, CFOs, Senior Workout Lenders, and Fiduciaries. For more information, please visit: www.macco.group.

Media Contact:
Annie Graf
KCSA Strategic Communications
MACCO@KCSA.com

Company Contact:
Drew McManigle
drew@macco.group
Cell: (410) 350-1839

August 30, 2022

Eavor to drill the deepest and hottest directional geothermal well in history: Eavor-Deep™

CALGARY, Alberta, Aug. 30, 2022 (GLOBE NEWSWIRE) — Eavor Technologies Inc. (“Eavor”) is pleased to announce the commencement of their demonstration project to drill the deepest and hottest directional geothermal well in history (called Eavor-Deep).

Historically, the deeper and higher temperature the rock, the slower and more expensive drilling becomes. Eavor has developed process and technologies to break this paradigm, called Eavor-Loop, which will be utilized in the upcoming Eavor-Deep project, located in southwestern USA, to show linear, and potentially sublinear, drilling costs in super-hot ultra-deep environments.

Building from the portfolio of technologies and methods demonstrated at the Eavor-Lite facility near Rocky Mountain House, Alberta, Canada in 2019, the milestones planned at Eavor-Deep are designed to evidence the global scalability of Eavor-Loop.

John Redfern, President & CEO at Eavor, said: “If everything goes according to plan, we will establish a clear line-of-sight to sub US$60 per megawatt-hour costs. This is an important milestone which unlocks an enormous portfolio of Eavor-Loop project locations in key US, European and Asia Pacific markets, now.”

Bailey Schwarz, Director, North America Projects at Eavor, said: “Working with our partners and the development team in planning and preparing for this project has been and continues to be a fantastic experience. The strong working relationships we have developed are vital to the success of the project and to the future opportunities we have already identified together.”

Helmerich & Payne, Inc. (“H&P”) is a strategic service provider and shareholder in Eavor having made a direct equity investment in 2021. Building on the companies’ ongoing collaborative effort to improve upon existing state of the art drilling technologies, H&P is providing the drilling rig and associated drilling technologies and services for the Eavor-Deep project.

John Lindsay, H&P President and CEO, said: “Improving lives through affordable and responsible energy is a central philosophy at H&P. Getting to know the team at Eavor and their processes and goals, it was easy to see how we could support and complement each other. We are encouraged by the opportunities we see working and innovating together with Eavor.”

Matthew Toews, CTO at Eavor, said: “The collaboration with H&P, particularly in the area of next generation drilling technologies, is a tremendous opportunity for us and we are greatly appreciative of the passion and devotion shown by all involved at H&P.”

Reference link: eavor.com/eavor-deep

Contact:
Eavor Technologies Inc.
John Redfern, President and CEO, Director
650-269-2501
john.redfern@eavor.com
www.eavor.com

ABOUT EAVOR TECHNOLOGIES

Eavor (pronounced “Ever”) is a technology-based energy company led by a team dedicated to creating a clean, reliable, and affordable energy future on a global scale. Eavor’s solution (Eavor-Loop) represents the world’s first truly scalable form of clean, dispatchable, baseload capable, and flexible power. Eavor achieves this by mitigating or eliminating many of the issues that have traditionally hindered geothermal energy. Eavor instead circulates a benign working fluid that is completely isolated from the environment in a closed-loop, through a massive subsurface radiator. This radiator simply collects heat from the natural geothermal gradient of the Earth via conduction. Eavor has been supported by equity investments made by several leading global energy producers, investors, developers, and venture capital funds including bp, Temasek, Chevron Technology Ventures, BHP, Vickers Venture Partners, H&P and BDC Capital. info@eavor.com

ABOUT HELMERICH & PAYNE, INC.

Founded in 1920, Helmerich & Payne, Inc. (H&P) (NYSE: HP) is committed to delivering industry leading levels of drilling productivity and reliability. H&P strives to operate with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. www.helmerichpayne.com

Reference material: NREL – Techno-economic performance of Eavor-Loop 2.0 – Eavor

August 30, 2022

Co-Founder of the Deloitte Center for Process Bionics Julian Lebherz Joins mindzie as a Strategic Advisor

IEEE Task Force on Process Mining Steering Committee member joins mindzie as it aims to further expand the use cases and applications of process mining technology

Julian Lebherz

DALLAS, Aug. 30, 2022 (GLOBE NEWSWIRE) — mindzie, inc. (“mindzie“), provider of process mining and business process optimization software, today announced that Julian Lebherz, Head of Data Insights at A.P. Møller – Mærsk, Co-Founder of the Deloitte Center for Process Bionics, and member of the IEEE Task Force on Process Mining Steering Committee, has signed on as a strategic advisor.

With over a decade of experience in process mining technology, Lebherz has worked with some of the largest international companies deploying process mining solutions to analyze and streamline business operations. In addition, in his role on the Task Force on Process Mining, he is co-leading the standardization working group designing an object-centric process mining data format as the interest in process mining continues to expand across the globe.

“I am excited to have the opportunity to work with a company that is truly innovating in the space,” said Lebherz. “mindzie is changing the process mining experience with its low-code platform. I believe focusing on easy-to-adopt solutions for business analysts will drive increased interest in process mining from organizations and consultants.”

“I am thrilled to have such an experienced and knowledgeable individual like Julian join our team. We are seeing the interest in process mining expand rapidly and as such, believe our low-code and citizen developer-focused approach is the future to unlocking this powerful technology for more companies,” said James Henderson, mindzie’s Chief Executive Officer. “Julian’s experience and insights will help further accelerate our platform’s ability to rapidly deliver valuable business insights.”

Process mining is helping businesses globally drive efficiency, operational improvements, and monitor for compliance. The mindzie studio is designed for businesses across a wide variety of industries and users of all skill levels to help map, analyze, and optimize processes in areas such as:

Procure to Pay (P2P)
Order to Cash (O2C)
Accounts Payable/Receivable
Lead to Close (Sales)
Support Tickets
Hire to Retire (HR)
Supply Chain
Manufacturing
And much more …

For more information, please contact https://mindzie.com/contact/.

Media Contact: info@mindzie.com

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Image 1: Julian Lebherz

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Julian Lebherz

August 30, 2022

Lantronix Announces 2022 SmartEdge Channel Partner Program Award Winners

SmartEdge Channel Partner Winners Represent Lantronix’s Global and Diverse Partner Ecosystem

IRVINE, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced the winners of its SmartEdge Partner Program Awards, highlighting its best channel partners of 2022. Winners were named in three regions: North America; Asia Pacific; and Europe, Middle East and Africa. Awards were given for Partner of the Year, Newcomer, Innovation and Software/Services.

The winners are:
North America
SmartEdge Partner of the Year: WWT
Smartedge Newcomer: Softchoice Canada
SmartEdge Innovation: Charter Telecom
SmartEdge Software/Service: SHI

Asia Pacific (APAC)
SmartEdge Partner of the Year: ADT
SmartEdge Newcomer: PSI
SmartEdge Innovation: Sapply
SmartEdge Software/Service: Bay Datacom

Europe/Middle East/Africa (EMEA)
SmartEdge Partner of the Year: Atlantik Elektronik
SmartEdge Newcomer: SOL
SmartEdge Innovation: Linkwave
SmartEdge Software/Services: Data Equipment

“We are pleased to honor this year’s SmartEdge Partner Program winners, all of which have exceeded our program requirements and expectations in driving sales and building long-term relationships with our mutual customers,” said Roger Holliday, VP of Worldwide Sales at Lantronix.

About the SmartEdge Partner Program

Lantronix’s SmartEdge Partner Program was designed to help Value-Added Resellers (VARs) and Systems Integrators (SIs) drive revenues by differentiating their offerings with Lantronix’s innovative Industrial Internet of Things (IoT), Remote Environment Management (REM), Out-of-Band Management (OOBM) and Mobility/Connectivity solutions.

For more information on the Lantronix SmartEdge Partner Program, visit www.lantronix.com/partners.

About Lantronix

Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware.

Lantronix enables its customers to accelerate time to market and increase operational up-time and efficiency by providing reliable, secure and connected Intelligent Edge IoT and Remote Management Gateway solutions.

Lantronix’s products and services dramatically simplify the creation, development, deployment and management of IoT and IT projects across Robotics, Automotive, Wearables, Video Conferencing, Industrial, Medical, Logistics, Smart Cities, Security, Retail, Branch Office, Server Room and Datacenter applications. For more information, visit the Lantronix website.

Learn more at the Lantronix blog, which features industry discussion and updates. Follow Lantronix on Twitter, view our YouTube video library or connect with us on LinkedIn.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com
949-453-7158

Lantronix Analyst and Investor Contact:
Jeremy Whitaker
Chief Financial Officer
investors@lantronix.com
949-450-7241

Lantronix Sales:
sales@lantronix.com
Americas +1 (800) 422-7055 (US and Canada) or +1 949-453-3990
Europe, Middle East and Africa +31 (0)76 52 36 744
Asia Pacific + 852 3428-2338
China + 86 21-6237-8868
Japan +81 (0) 50-1354-6201
India +91 994-551-2488

August 30, 2022

Triller Completes Pre-Public Listing Financing Plans For Q4, 2022 NASDAQ listing:ILLR, Also completes Acquisition of Bare Knuckle Fight Championship

Announcement comes following the most successful BKFC event to date at Wembley Arena in London

LOS ANGELES, Aug. 29, 2022 (GLOBE NEWSWIRE) — Triller, the AI-powered open garden technology platform for creators, today announced it had completed a substantial pre-public financing in the form of debt and equity. This announcement comes on the heels of its filing its S-1 with the SEC, the document a company files prior to a public listing. The company has reserved the ticker symbol “ILLR” with the Nasdaq stock exchange.

Participants in the round include Total Formation Co, an affiliate of Fubon Financial, one of the largest financial institutions in Asia with ownership of Taiwan Mobile, Taipei Fubon Bank, Fubon Life, and many others, and was for the third straight year on Fortune Global 500’s list of “The Top 500 most valuable Global Brands. Other investors included, Falcon Capital, Clearvue Partners and others.

“This was an important step for Triller to be properly funded entering the Public Markets,” said Mahi de Silva, CEO and Chairman of Triller. “We are very pleased to have such strong market leaders as investors and look forward to bringing Triller to the world via a Nasdaq listing,” he continued. “If the capital markets continue to be stable, we are targeting an early Q4 public listing.”

Triller also announced that it concluded the acquisition of of Bare Knuckle Fight Championship (BKFC), a transaction it announced it had contracted earlier this year.

Bare Knuckle has quickly become a world-wide phenomenon with deals consummated or in negotiations across more than 20 countries, and an unprecedented growth in the United States. BKFC is the fastest growing combat sport with an anticipated 200,000 subscribers between the BKFC app and Triller’s wholly owned Fite TV.

“Bare Knuckle Fight Championship has enjoyed never before seen growth, as it offers something that all fight audiences can connect with,” said Mahi de Silva CEO and Chairman of Triller. “This acquisition is a game-changer for Triller, as it accrues numerous synergies across our entire platform and allows us to supercharge BKFC even further,” continued Silva. “By leveraging our creator platform, combined with our social media infrastructure, ad-tech and mar-tech capabilities, influencer network, and FITE TV’s streaming services currently enjoyed by five million paying households, makes this acquisition a no brainer for both parties.”

The announcement comes in the wake of BKFC’s most successful, largest event-to-date, held on August 22 at Wembley Arena in London. This past weekend BKFC had its most successful event to date at Wembley Stadium in London, and trended number 2 in the world on Twitter. As a result, the digital streaming, pay-per-view, and subscription service FITE.TV by Triller, now has over 200,000 subscribers.

“I started BKFC from scratch and it has become a way of life, and will forever change boxing and MMA,” said Dave Feldman, Founder and CEO of BKFC. “We spent over a year working with Triller prior to the acquisition, getting to know their team, their plans and the way in which BKFC would be integrated into their ecosystem. What became clear is that Triller was the only home for us. They are not seeking to change BKFC but will help supercharge our growth, maximizing our marketing and monetization. I can say without hesitation there is no company out there that has both the ambition and the tools of Triller to change the ways people consume combat sports,” Feldman concluded.

As the world of social media and the way in which brands market are changing dramatically, Triller has led the way to Web3 and decentralization with a “open-garden” ecosystem, helping creators gain ownership of their audiences, control their monetization and financial destiny. Triller saw over 750 million content interactions last quarter and looks at each interaction as an opportunity for monetization.

While the financial terms were not disclosed, the transaction involved a combination of cash and stock for majority ownership of BKFC.

Triller recently filed a confidential S1 with the SEC and expects to become publicly traded on the Nasdaq under the ticker “ILLR” during the 4^th quarter of this year.

“Triller is now the only company in existence which owns and controls the entire pipe from beginning to end,” said de Silva. “Starting with the content creators, which includes fighters, the events, the actual production, and broadcast to the users themselves through Triller’s Fite Tv 5 million plus paying households and we believe quickly will become the most valuable brand in combat sports.

“We want to thank our partners, investors and supporters whom to date have helped supercharge Triller from a startup in 2019 to a household name today, having raised over $300 Million Dollars, supporting over 750 million monthly interactions and over 300 million users across all of its platforms. We have only just begun.”

About Triller
Triller is the AI-powered open garden technology platform for creators. Pairing music culture with sports, fashion, entertainment, and influencers through a 360-degree view of content and technology, Triller encourages its influencers to post the content created on the app across different social media platforms and uses proprietary AI technology to push and track their content virally to affiliated and non-affiliated sites and networks, enabling them to reach millions of additional users. Triller additionally owns VERZUZ, the live-stream music platform launched by Swizz Beatz and Timbaland; Amplify.ai, a leading customer engagement platform; FITE, a premier global PPV, AVOD, and SVOD streaming site; and Thuzio, a leader in B2B premium influencer events and experiences.

About BKFC
Bare Knuckle Fighting Championship (BKFC) is the first promotion allowed to hold a legal, sanctioned, and regulated bare knuckle event in the United States since 1889. Based in Philadelphia and headed by President and former professional boxer David Feldman, BKFC is dedicated to preserving the historical legacy of bare knuckle fighting while utilizing a specifically created rule set that emphasizes fighter safety. BKFC will hold all its bouts in a revolutionary circular four-rope ring, designed to encourage fast-paced and exciting bouts. The patented BKFC “Squared Circle” contains scratch lines, based on the Broughton Rules, which governed bare knuckle fighting in the 19th century, and which requires fighters to “Toe the Line”: start every round face to face, and just inches apart.

In BKFC, only those fighters who are established professionals in boxing, MMA, kickboxing, or Muay Thai will be allowed to compete. The referees and judges will also be required to have extensive professional combat sports experience. All fights will be held under the auspices and control of an Athletic Commission. Unlike other fighting organizations and combat sports internationally which claim to be “bare knuckle”, but require wraps, tape, and gauze; BKFC is true to its word as fighters are not allowed to wrap their hands to within one inch of the knuckle. This makes BKFC unquestionably the truest form of bare knuckle fighting. BKFC is dedicated to not just creating the safest, most exciting, and highest-level bare knuckle fighting organization in the world; it’s also leading the way for a new, fully recognized professional combat sport. BKFC is truly the sport of the future.

No Offer or Solicitation
This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell, the solicitation of an offer to sell or an offer to buy or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Forward-Looking Statements
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