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Ultrack Enters Acquisition Agreement with Successful Medical and Wellness Company

Ultrack Systems, Inc.

McapMediaWire --Ultrack Systems Inc. (OTC: MJLB ), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that Ultrack has entered into a formal contractual agreement with Supreme Products to both acquire and market their "Pet Tracker" product which is a wearable GPS device for pets. Notably, Carl Lamonte from Supreme Products will join Ultrack as an Officer of Brand Development Officer Earlier this year Ultrack noted in a release that the Company is actively seeking joint-venture relationships and/or acquisitions within recession proof sectors. Today's announcement is the initial fulfillment of that goal with more planned to come. With years of experience, resources, and relationships within the GPS industry, it makes sense for Ultrack to expand to the developing vertical market of pet tracking hardware and software. Currently, the global pet market is worth roughly $261 billion with the sub "pet care" market coming in at around $79 billion as of 2021. Current forecasters project that the U.S. pet market alone is projected to grow to $325 billion by 2028 with a projected sustained growth of pet ownership up to 14% by 2030. (Source: https://www.hepper.com/pet-industry-statistics-us / ) Ultrack CEO Michael Marsbergen commented: “Pets are big business and Millennials and Gen Z are leading the way for the foreseeable future. We believe that pet ownership and pet care is a recession-proof industry because people are simply not going to give up the things that they truly love, no matter how hard the economy gets hit. I'm delighted that Mr. Carl Lamonte will be joining Ultrack and helping the Company to establish sure footing as a new face and voice for our “Pet Tracker” product." Some of the ways the Company intends to provide a superior device include potential features like: 1. Health monitoring: Monitor a pet's health by tracking their activity levels, heart rate, and other biometric data. This information could be shared with veterinarians or pet owners to identify potential health problems early on. 2. Behavior modification: Modify a pet's behavior by providing real-time feedback on their location and activity level. For example, a device could be set up to alert a pet owner if their dog has strayed too far from home, or if their cat is spending too much time in a certain area. 3. Predictive analytics: Collect data on a pet's behavior and use machine learning algorithms to predict future behavior. This could help pet owners anticipate potential problems and take preventive action. 4. Social media integration: Integration with social media platforms, allowing pet owners to share their pet's location and activity level with friends and family. This could create a community of pet owners who share information and support each other. 5. Virtual fences: Create virtual fences around a pet's home or yard, alerting the pet owner if their pet strays beyond a certain boundary. This could be especially useful for pet owners who live in areas with high levels of traffic or other hazards. Ultrack and Supreme Products are planning a full-orbed marketing plan through multiple strategies including: As technology and AI evolves, the Company will seek for new ways to add more benefits to its line of pet care products. Investors can anticipate updates moving forward regarding details of the development and deployment of the new "Pet Tracker" product. Furthermore, the details of the contract with Supreme Products involves a marketing partnership to bring appropriate exposure to the new Pet Tracker product. These initiatives include but are not limited to: 1. Social media advertising: Social media platforms such as Facebook and Instagram offer targeted advertising options that allow businesses to reach pet owners directly, especially young pet owners. 2. Influencer marketing: Partnering with influencers in the pet industry can be an effective way to reach a wider audience. 3. Pet store partnerships: Starting with pet stores in Canada and established relationship, the Company believes this strategy will be well-received and well-rewarded. 4. Trade shows and events: The Company is looking ahead to three of the largest North American pet-focused trade shows in which to have a meaningful presence. The Company invites current and future shareholders to check back regularly at our website http://ultrack.ca, Facebook page: https://www.facebook.com/UltrackSolutions and Twitter page: https://twitter.com/ultracki About MJLB: Located in Concord, Ontario, Ultrack Systems Inc., ( www.ultrack.ca ) is a publicly traded company listed on the OTCMARKETS under the MJLB trading symbol. Ultrack Systems Inc., is a provider of GPS tracking solutions. We develop, implement, and distribute electronic monitoring and tracking systems for companies in leasing, transportation, construction, disposal, and many other services driven industries. Our platform includes live tracking, reports, and alerts on a web-based platform. Our mission is to provide the best fleet tracking, reporting systems and our commitment to service. The Company plans to launch a new ELD product in 2023 in partnership with major corporations that will take the trucking industry by storm. Safe Harbor Statement: This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements. Michael Stephen Marsbergen Ultrack Sytems Inc. +1 800-893-9506 sales@ultrack.ca Visit us on social media: Facebook Twitter Contact Details Ultrack Sytems Inc. sales@ultrack.ca Company Website http://ultrack.ca/

April 04, 2023 09:00 AM Eastern Daylight Time

High Demand for Electric Vehicles Creates Raw Material Shortages Worldwide

MarketJar

Automakers are accelerating their electric vehicle (EV) ambitions, but reality is beginning to sink in when it comes to obtaining the raw materials for the millions of EV batteries required to meet those lofty goals. Lithium is a critical part of the batteries that power EVs, however, rising popularity could cause a shortage of lithium in the coming years. At the Freedom of Mobility Forum, Stellantis CEO Carlos Tavares said that there might not be enough lithium to convert the 1.3 billion internal-combustion vehicles into electric vehicles. Despite this claim, the multinational carmaker still expects to meet its 2030 goals, which are in line with the European Union’s 2035 ban on fossil fuel-powered cars. Meanwhile, the Canadian government is predicting that lithium demand will increase by 500% by 2050 due to rising domestic manufacturing and forward-looking transportation policies. However, the region still faces challenges when you consider that lithium production in North America accounted for less than 2% of current global supply while Australia, Chile, and Argentina produced 79% of the world's lithium. In this situation, if they don’t have enough supply, these critical minerals could slow down the energy transition instead of helping it. As a result, the US and Canada are working hard to set up a supply chain for lithium and other important minerals. Analysts say that after trading at record highs in 2022, the price of lithium will fluctuate throughout 2023 but will stay at levels that support new projects, in the short term at least. The Government of Canada recently approved the James Bay Lithium Project in Quebec, which contains an estimated 40.3 million tonnes (Mt) of lithium oxide (Li2O) and 37.2Mt of ore reserves, Canada is looking to become credible in the lithium supply battle. Sayona Mining is also planning to reactivate the North American Lithium (NAL) project in Quebec., which hosts a 101.9 million tonne measured and indicated lithium oxide resource. Canadian junior exploration company Usha Resources Ltd. ( TSXV:USHA ) ( OTCQB:USHAF ) is exploring and advancing early stage high-grade precious and base metal projects across North America. Usha 's portfolio of strategic properties already included a nickel-copper-cobalt project in Ontario, a lithium project in Nevada, and a gold-copper project in Arizona. The company also just entered the hard-rock lithium space with the acquisitions of a pair of lithium-tantalum projects in Ontario. Usha Resources Acquires Two Hard-Rock Lithium Projects in Ontario Usha Resources is moving quickly into the hard-rock lithium space in Canada following two exciting acquisitions. Last week Usha Resources announced the acquisition of the White Willow Lithium-Tantalum Property in Ontario's Thunder Bay Mining Division. The project, which is near other lithium projects such as the Seymour Lake Lithium Project, the Georgia Lake pegmatite field, and the Separation Rapids Lithium deposit, represents a "unique and timely opportunity to capitalize on Canada's rapidly growing lithium metal and green energy markets." The White Willow Lithium-Tantalum Property contains a fertile lithium-cesium-tantalum (LCT) system with two well advanced LCT-pegmatite dikes. The dikes have been the focus of the limited exploratory activity done so far, with samples containing as much as 0.5% Li2O and 14.64% tantalum oxide (Ta2O5) in and near them. Minimal surface sampling elsewhere on the property has also revealed very abnormal lithium values, with numerous samples assaying over 0.40% Li2O, as well as very anomalous tantalum and cesium values of 3.41% and 3.78% Ta2O5. High-grade tantalite shows the LCT-system of the property's surrounding zones have higher-grade lithium. Then on April 4, Usha Resources acquired the Nym Property, its second hard-rock lithium property located in the Thunder Bay Mining Division near Atikokan, Ontario. The Nym Property is contiguous with Usha ’s White Willow Lithium-Tantalum Project, expanding the existing 712 claim block to a total of 720 claims and adding 170 hectares to the 15,510 hectares already optioned. The Nym Property reportedly hosts 119 prospective pegmatites and is on-trend with the high-grade system at White Willow, giving the Company over 200 prospective lithium-bearing pegmatites between the two properties. Usha Resources’ newly acquired Nym Property is underexplored like White Willow, but previous drilling has identified pegmatite intersections up to 40 meters thick and prospecting has confirmed anomalous lithium is present at the surface, suggesting highly fractioned LCT-pegmatites that bear spodumene and other LCT-minerals may be present at Nym. Usha believes these two acquisitions will be a continuation of the company’s strategy to build an accretive portfolio of highly complementary hard-rock assets to its 100%-owned flagship Jackpot Lake Lithium Brine Project in Nevada, where it has just increased its land position threefold and is progressing with its maiden drill program to establish a 43-101 resource.. Nevada Looks to Secure America’s Green Energy Future At the same time, Nevada is swiftly establishing itself as a key participant in the manufacture of EV battery materials and reaching global climate targets in the US lithium area. Usha Resources flagship Jackpot Lake Lithium Brine Property is located in Clark County, Nevada, about 35 kilometers northeast of Las Vegas. The 8,714 acres of the drill ready brine project are covered by 442 mineral claims (approximately 35.3 square kilometers). The company has authorized 2,700 meters spread across six holes. The geology of Jackpot Lake is comparable to that of Albemarle's Silver Peak Nevada Lithium Mine, which has been in operation since 1966 and is the only producing lithium mine in North America. In both cases, sediments from the lithium-rich source rocks around the deposit build up and fill it, with the potential for subsequent evaporation and concentration events to concentrate the lithium brine. Usha Resources provided an update on its work at the Jackpot Lake Lithium Brine Project, noting that the exploration team has found a high-porosity zone of sand followed by conglomerate beginning at 1,533 feet in the second hole (JP22-2) of its drill program. Moreover, Usha Resources recently closed a non-brokered private placement for gross proceeds of C$3 million. Usha Resources is planning a spin-out on April 12 with Formation Metals (FMI). Following the completion of the spin-off and share exchange, each Usha shareholder will receive one common share of FMI for every five USHA shares held on the upcoming share distribution record date. For more information on Usha Resources Ltd. ( TSXV:USHA ) ( OTCQB:USHAF ), please visit this link or the company’s website. Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Usha Resources Ltd. Market Jar Media Inc. has or expects to receive from Usha Resources Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.) one hundred thirty eight thousand and six hundred USD for 26 days (19 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Usha Resources Ltd.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Usha Resources Ltd.’s industry; (b) market opportunity; (c) Usha Resources Ltd.’s business plans and strategies; (d) services that Usha Resources Ltd. intends to offer; (e) Usha Resources Ltd.’s milestone projections and targets; (f) Usha Resources Ltd.’s expectations regarding receipt of approval for regulatory applications; (g) Usha Resources Ltd.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Usha Resources Ltd.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Usha Resources Ltd.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Usha Resources Ltd.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Usha Resources Ltd.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Usha Resources Ltd.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Usha Resources Ltd. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Usha Resources Ltd.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Usha Resources Ltd.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Usha Resources Ltd.’s business operations (e) Usha Resources Ltd. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, Usha Resources Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Usha Resources Ltd. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Usha Resources Ltd. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Usha Resources Ltd. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Usha Resources Ltd. or such entities and are not necessarily indicative of future performance of Usha Resources Ltd. or such entities. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

April 04, 2023 09:00 AM Eastern Daylight Time

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IGEN provides 2022 Year-End Results and 2023 Progress Updates

iGen Networks Corp.

McapMediaWire -- IGEN Networks Corporation (OTC: IGEN ) (CSE: IGN ), a leading innovator of solutions for the consumer automotive, fleet management, and supply-chain industries, today provides unaudited 2022 fiscal year-end financial results along with progress updates on key initiatives for 2023: For the year ended December 31, 2022, the Company recognized revenues of $318,016 an 18% increase from the previous year. Expenses for the year ended December 31, 2022, totaled $903,048 a decrease of $2,670,235 or 75%, from total expenses reported for 2021. Excluding stock-based compensation expense to our directors, operational expenses increased by 4% year-on-year. Total deferred revenue balance for year ended December 31,2022 was approximately $291,000 of which $136,000 will contribute to 2023 revenues. For the year ended December 31, 2022, the Company had a net loss of $907,598 (or ($0.00) per basic and diluted share) compared with a net loss of $3,428,937 (or ($0.00) per basic and diluted share) in 2021. Included in the net loss of $907,598, is $301,360 of other income related to the Company's gain on settlement of debt recognized in 2022. For the year ended December 31, 2022, the Company saw a net decrease in cash of $64,429. Cash used in operating activities was $978,056, an increase in cash used of 2% from the $962,960 net cash used in 2021. This was offset by net financings of $543,746 raised via private placements. During fiscal-year 2022, the Company shifted marketing focus from automotive dealerships to Credit Unions supported by Federal subsidy programs offering higher profit margins along with monthly and annual re-occurring revenues. Following the contract award for fleet management services granted by a major New York State County, the Company expanded its commercial asset management platforms with the integration of Prolog sourced technologies, a world leader in supply-chain and logistics consulting services. In addition to the renewed focus on Credit Unions and Government markets, IGEN filed Patent-Pending 17/850,250 to expand its patent portfolio to approximately 40 patent claims. Neil G. Chan, CEO of IGEN stated, "For 2023 our priorities and focus will be to leverage our exclusive channel relationships with the Association of Credit Unions Executives of Puerto Rico (ASEC), the County Executives of America, Michigan Credit Union League Service Corporation (MCULSC), and Hyperion Partners, a Master Agent for several wireless carriers in the US. We will also aggressively protect our patents along with a comprehensive review of the insurance industry and all major insurers who are billing their customers through measurement of driver behavior and performance." Intellectual Property Portfolio – as we complete our due diligence of the insurance industry and major insurers who are using driver scores as actuarial metrics for billing, protecting IGEN's patent rights will be the company highest priority in 2023. IGEN's intellectual property portfolio will focus on normalizing the "big data" elements that influence driving habits along with correcting gross errors in assessing driver performance and driver behavior. Reducing what the insurance industry refers to as "rating-errors" is the single biggest opportunity for insurance companies. With an estimated $8B of annual rating-errors attributed to demographics and historical driver data rather than actual driver data, IGEN technologies and patents will improve the accuracy of measuring driver performance and risk. With close to 40 patent claims as part of Patent No. 11,037,378 and Patent-Pending 17/850,250, IGEN's patent portfolio defines the "big data" elements essential for accurate measurements, regardless of the data source. Whether originating from mobile phones, third-party GPS devices installed in vehicles or directly from video cameras and sensors integral to electric vehicles (EV), accumulated data from a minimum of 1M access points will contribute to significant improvements in accuracy and measurement of driver performance. Consumer Product Brand focus for 2023 will market CUTrak and FamilyShield services to Credit Unions and their members through certified organizations representing specific regions across the US – namely the Association of Credit Union Executives of Puerto Rico (ASEC), comprised of approximately 90 Credit Unions and 1M members. In addition, with the successful deployment in the Upper Peninsula region, Michigan Credit Union League Service Corporation (MCULSC) is expected to expand CUTrak services amongst its members that represent approximately 80 Credit Unions located in seven districts. For each Credit Union program participant in 2023, revenue contributions are estimated to range from $48K to $120K annually per branch depending upon the number of car loans granted during the fiscal period. Commercial Fleets and Asset Management Brands Medallion GPS and Medallion PRO will be sold through our partnership agreements with Hyperion Partners and the County Executives of America (CEA). IGEN's recent award to provide Fleet Management Services to New York State Counties offers opportunity for Counties and State governments to manage their self-insured vehicles. Initial deployment for the first major County in New York State was completed in late 2022. Subsequent deployments with Counties in New York State are being finalized along with newly enlisted members for 2023. The opportunity base for IGEN Commercial Fleet Services with the CEA is estimated at 12,000 active commercial vehicles with a target market share of 30% for fiscal year 2023. About IGEN Networks Corporation IGEN Networks Corporation provides software solutions and consulting services for the consumer automotive, asset management, and supply-chain industries. The solutions enable customers to mitigate risk, improve driver safety, and increase productivity. IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTC Markets under the symbol IGEN, and listed on the CSE under the symbol IGN. For more information, please visit: www.igennetworks.net Forward-Looking Statements This news release may contain forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities law. The terms and phrases "goal", "commitment", "guidance", "expects", "would", "will", "continuing", "drive", "believes", "indicate", "look forward", "grow", "outlook", "forecasts", "intend", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by IGEN in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that IGEN believes are appropriate in the circumstances, including but not limited to statements regarding investment liquidity, financing options and long term goals of the Company, general economic conditions, IGEN's expectations regarding its business, customer base, strategy and prospects, and IGEN's confidence in the cash flow generation of its business. Many factors could cause IGEN's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: risks related to competition; IGEN's reliance on key personnel; IGEN's ability to maintain and enhance its brand; and difficulties in forecasting IGEN's financial results, particularly over longer periods given the rapid technological changes, competition and short product life cycles that characterize the mobile application industry. These risk factors and others relating to IGEN that may cause actual results to differ are set forth in the under the heading "Risk Factors" in IGEN's periodic filings with the British Columbia Securities Commission and the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sedar.com or www.sec.gov. These factors should be considered carefully, and readers should not place undue reliance on IGEN's forward-looking statements. IGEN has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Contact: IGEN Networks Corporation Neil G. Chan info@igennetworks.net 1(855)912-5378 Contact Details IGEN Networks Corporation info@igennetworks.net Company Website https://www.igennetworks.net/

April 03, 2023 07:35 AM Eastern Daylight Time

Foresight Announces Fourth Quarter and Full Year 2022 Financial Results

Foresight Autonomous Holdings Ltd.

"Our focus in 2022 was on early adopters and commercialization, leading to 3 commercial agreements with industry leaders. We intend to continue this trend going forward in 2023 and start realizing our advanced technology to revenues" Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), today reported financial results for the fourth quarter and full year 2022. Foresight ended the full year of 2022 with revenues of $550,000 and with $26.5 million in cash, cash equivalent, restricted cash and short-term deposits. The Company reported a U.S. generally accepted accounting principles (GAAP) operating loss of $17.5 million which is approximately a 10% increase from the GAAP operating loss of $15.9 million reported for the full year 2021. Foresight reported a GAAP net loss of $3.8 million for the fourth quarter 2022, compared to a GAAP net loss of $3.7 million for the fourth quarter 2021, and a non-GAAP net loss of $3.4 million for the fourth quarter 2022, compared to a non-GAAP loss of $3.3 million for the fourth quarter 2021. Fourth Quarter Corporate Highlights: ● Foresight Signs Commercial Agreement with SUNWAY-AI for up to $51 million: In November, Foresight announced the signing of a joint development and supply agreement with SUNWAY-AI Technology Co., Ltd., a global Chinese manufacturer of components for autonomous and unmanned intelligent vehicles. The deal may yield up to $51 million in revenue over the contractual period of four years, depending on demand from SUNWAY-AI. According to the agreement, the companies will establish a joint program for the development and supply of obstacle detection systems and cloud gateway for driverless vehicles, advanced driver assistance systems (ADAS), and airport ground support vehicles. SUNWAY-AI will commercialize the ADAS systems to customers and third parties in mainland China, Hong Kong, Taiwan, and Macao. ● Eye-Net Showcases Advanced Solution to Leading OEMs and Tier One Suppliers in Japan: Eye-Net Mobile, a wholly owned subsidiary of Foresight, successfully completed a technological roadshow of its Eye-Net™ Protect solution in Japan in November. The roadshow included technological demonstrations for 20 automotive-related companies, including five leading Japanese original equipment manufacturers, Tier One, and Tier Two suppliers, as well as 11 dashboard camera companies. The successful demonstrations generated significant interest among the attending companies, which may lead to further technological evaluations. ● Foresight Hosts Virtual Investor Webinar on Moving to Commercialization in Automotive Technology: In December, Foresight presented the Company’s progress in developing and distributing new technologies for the automotive industry in a virtual investor webinar. The webinar provided an overview on the Company’s progress in different regional markets, as well as information regarding existing relationships with customers including Hitachi Astemo Americas and SUNWAY-AI. “Foresight gained significant momentum during the fourth quarter of 2022 with the announcement of our commercial agreement with SUNWAY-AI, a leading Chinese manufacturer of components for autonomous and unmanned intelligent vehicles,” said Haim Siboni, CEO of Foresight. “This agreement is an important step forward for our operations in China, and it validates our long-term strategy of establishing deep working relationships with partners in various geographies including China, Japan, Europe and North America. As more technology providers and Tier One manufacturers test and evaluate our innovative solutions, we are excited about the potential that these evaluations may convert into long-term commercial agreements. As the electric vehicle (EV) market reaches a crucial tipping point, safety and reliability must be addressed to ensure widespread adoption. Foresight’s quad-camera vision system is a vital solution to support safe and reliable operations of autonomous and semi-autonomous vehicles in any lighting or weather conditions. In addition, Foresight’s Mono2Stereo™ software-based solution creates a 3D perception stereo vision thus amplifying the performance of existing ADAS sensors and resulting in better distance accuracy and more robust active safety features. Through our continued research and development (R&D), technological demonstrations, and commercial relationships, we intend to capitalize on this market opportunity and establish Foresight as an essential supplier for the global automotive industry,” concluded Siboni. Fourth Quarter 2022 Financial Results ● Revenues for the fourth quarter of 2022 increased by 23.8% to $99,000, compared to $80,000 for the fourth quarter of 2021. The revenues were generated primarily from the successful completion of a proof of concept (POC) project with a leading American EV manufacturer in the amount of $70,000, and from the successful completion of a POC project with a leading global tractor manufacturer in the amount of $15,000. ● R&D expenses, net for the fourth quarter of 2022 were $3,035,000, compared to $2,647,000 for the fourth quarter of 2021. The increase is attributed mainly to an increase in payroll and related expenses and offset by participation in R&D expenses from the European Horizon 2020 program. ● General and administrative (G&A) expenses for the fourth quarter of 2022 were $1,087,000, compared to $987,000 in the fourth quarter of 2021. The increase is attributed primarily to an increase in payroll and related expenses and in professional services. ● Finance income, net for the fourth quarter of 2022 was $718,000, compared to $390,000 in the fourth quarter of 2021. Finance income, net for the fourth quarter of 2022 consisted of the revaluation of the Company’s investment in Rail Vision Ltd. to its fair value in the amount of $1,267,000 and interest income in the amount of $387,000, offset by exchange rate differences in the amount of $912,000, and other finance expenses in the amount of $24,000. ● GAAP net loss for the fourth quarter of 2022 was $3,820,000, or $0.012 per ordinary share, compared to a GAAP net loss of $3,726,000, or $0.012 per ordinary share, in the fourth quarter of 2021. ● Non-GAAP net loss for the fourth quarter of 2022 was $3,377,000, or $0.01 per ordinary share, compared to a non-GAAP net loss of $3,304,000 in the fourth quarter of 2021, or $0.01 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. Full Year 2022 Financial Results ● Revenues for the full year ended December 31, 2022, increased by 358% to $550,000, compared to $120,000 for the full year ended December 31, 2021. The revenues were generated primarily from the successful execution of several projects including: the customization project with Elbit Systems Ltd. (Nasdaq: ELBT) in the amount of $220,000, the POC project with Hitachi Astemo in the amount of $150,000, the POC project with ZF North America in the amount of $90,000, the POC project with a leading American EV manufacturer in the amount of $70,000, and the POC project with a leading global tractor manufacturer in the amount of $15,000. ● R&D expenses, net for the full year ended December 31, 2022, were $11,534,000, compared to $10,170,000 in 2021. The increase is attributed mainly to an increase in payroll and related expenses and to rent and office expenses. ● Sales and marketing expenses for the full year ended December 31, 2022, were $2,230,000, compared to $1,848,000 in 2021. The increase is attributed mainly to an increase in exhibitions, conventions and travel expenses. ● G&A expenses for the full year ended December 31, 2022 were $3,989,000, compared to $3,980,000 in 2021. ● Finance expenses, net for the full year ended December 31, 2022 were $4,221,000, compared to finance income, net of $909,000 in 2021. Finance expenses, net for the year ended December 31, 2022, consisted of the revaluation of the Company’s investment in Rail Vision Ltd. to its fair value in the amount of $2,208,000, and exchange rate differences in the amount of $2,194,000, offset by interest income in the amount of $189,000. ● GAAP net loss for the full year ended December 31, 2022, was $21,676,000, or $0.067 per ordinary share, compared to a GAAP net loss of $15,036,000 in the full year ended December 31, 2021, or $0.047 per ordinary share. ● Non-GAAP net loss for the full year ended December 31, 2022, was $19,850,000, or $0.061 per ordinary share, compared to a non-GAAP net loss of $12,572,000 in the full year ended December 31, 2021, or $0.039 per ordinary share. Balance Sheet Highlights ● Cash, restricted cash, and short-term deposits totaled $26.5 million as of December 31, 2022, compared to $45.7 million as of December 31, 2021. ● GAAP total equity totaled $28.8 million as of December 31, 2022, compared to $48.6 million as of December 31, 2021. The decrease is attributed mainly 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. 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 that its agreement with SUNWAY-AI is an important step forward for its operations in China, and it validates its long-term strategy of establishing deep working relationships with partners in various geographies, the potential for more long-term commercial agreements resulting from technology providers and Tier One manufacturers testing and evaluating its innovative solutions, the benefits of its technology, that through its R&D, technological demonstrations, and commercial relationships, it intends to capitalize on this market opportunity and establish itself as an essential supplier for the global automotive industry, the potential revenue that may be derived from the SUNWAY-AI agreement and that SUNWAY-AI will commercialize the ADAS systems to customers and third parties in mainland China, Hong Kong, Taiwan, and Macao and that the roadshow of its Eye-Net™ Protect solution in Japan generated significant interest among the attending companies, which may lead to further technological evaluations. 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. FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands FORESIGHT AUTONOMOUS HOLDINGS LTD. INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW U.S. dollars in thousands SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS (Unaudited) U.S. dollars in thousands 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/

March 30, 2023 04:30 PM Eastern Daylight Time

S & U "very pleased with the profits"

S & U PLC

S & U PLC (LSE:SUS) chairman Graham Coombs speaks to Proactive after releasing preliminary results for the year to 31st January 2023. Coombs says that he's "very pleased with the profits", that were the second highest in the specialist motor finance & bridging lender's 85-year history. He also gives his take on the outlook for the wider motor finance sector. Here's the earlier story: S & U PLC (LSE:SUS) increased its final dividend 5.3% and said current trading is good, with “very strong” demand for its products. The owner of motor finance lender Advantage and property bridging lender Aspen declared a final dividend of 60p per share, up from 57p a year ago, taking the total dividend proposed to 133p, up 5.6% from last time. Revenue came to £102.7mln in the year to 31 January 2023, up 17%, while profit before tax (PBT) came in at £41.4mln, which was down from £47mln the prior year. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 30, 2023 04:15 AM Eastern Daylight Time

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NAFA LAUNCHES ESG REPORTING RESOURCE FOR FLEET PROFESSIONALS

NAFA

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, just announced a new ESG Reporting offering for the fleet community. Designed and vetted by fuel and fleet leaders specifically for fleet operations, this ESG reporting application allows fleet professionals to calculate and track their emissions and emissions reductions. “As the demand for Environmental, Social and Governance (ESG) planning and reporting continues to grow, fleet professionals need resources that can help them efficiently and effectively calculate everything from emissions to cost savings,” says Mike Camnetar, CAFM, NAFA Board President. “ESG will play a critical role in the future of our industry, which is why NAFA is excited to bring this new technology offering to our valued members and community.” Designed by ESG integrity, a program developed by the Fuels Institute, the ESGi application allows fleet managers to confidently track and share their organization’s fleet operations ESG metrics. Through this new ESGi application, fleet professionals will be able to: Understand the impacts of ESG initiatives and create greater value for their organization Collect, compute, and report ESG metrics using emissions data through automated ESG reporting Confidently track and share their organization’s fleet operations ESG metrics with exportable ready-to-use reports Set goals to improve and set metrics Discover what ESG scoring bodies are looking for Receive significant cost savings on ESG reporting Research has shown that investment in ESG initiatives can create greater value and contribute a positive return on investment for companies. ESG reporting is quickly moving from a voluntary corporate PR tool to a regulated B2B prerequisite, and consists of non-financial factors, such as carbon emissions, that organizations, including fleets, are increasingly expected to report data on. As ESG initiatives continue to create greater value for organizations, it is becoming more important for fleet managers to track and calculate fleet emissions and emissions reductions. Successful ESG programs can result in top-line growth, cost reductions, reduced regulatory and legal interventions, increased productivity, asset optimization, and enhanced operational performance. ESG reporting can help limit financial risk, improve an organization’s access to capital, and reduce operating expenses, among other impactful benefits. NAFA members will receive access to the ESGi application at a reduced license fee. For more information on the ESGi application, please visit: https://www.nafa.org/resource-center/esg/ NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes; and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and Twitter. Contact Details OnWrd & UpWrd, on behalf of NAFA Colleen Gallagher +1 315-447-2331 cgallagher@onwrdupwrd.com Company Website https://www.nafa.org/

March 29, 2023 05:00 PM Eastern Daylight Time

Minuteman Press Franchise in Macon, GA Moves to New Location & Has Grand Opening

Minuteman Press International Inc

Richie Moore and his family have owned the Minuteman Press franchise in Macon, Georgia since June of 2017. As they approach six years in business, Richie, along with his father and his wife Elle, have moved to a brand new facility at 4341 Interstate DR, Suite B, Macon GA 31210. To celebrate the move, Minuteman Press in Macon held a grand opening on February 21, 2023, that was sponsored by the Greater Macon-Bibb Chamber of Commerce, the Perry Area Chamber of Commerce, and the Robins Regional Chamber of Commerce. Richie shares, “We have needed more space for the last 3 years. We wanted to get the equipment needed to do the things our customers have been asking us to do and now we have the space and a lot of the equipment needed! We want to show Middle Georgia that the big jobs don’t need to be sent out of our local area, and that Minuteman Press in Macon can produce and deliver for them.” Richie further explains the benefits of the new facility: “We now have a lobby that we can show off our larger jobs and spark ideas in our customers. If that doesn’t do it we want to set up tours of our facility to show the machines’ capabilities for prints. We have just upgraded our main production systems on all of our paper products so that we can print even faster and deliver higher quality. We are able to get longer lasting, higher quality signage done at a fraction of the time it would take a typical sign shop to print.” When it comes to marketing the business, Richie has followed the Minuteman Press system and reached out to his local business community through networking groups. He also focuses on education potential and established customers on the product capabilities that Minuteman Press in Macon has to offer. Richie shares: “We have participated in a lot of networking groups in the last 6 years and that has been some of the main drivers behind our growth. We’ve worked hard on getting out into the community and talking about our vision at Minuteman Press Macon to our customers. Our message is simple: We are showing Middle Georgia that having a quick turnaround doesn’t have to sacrifice quality. We educate them on the fact that having quality doesn’t have to come with the highest price tag. And above all, we make it a point to let our clients know that growing larger doesn’t sacrifice the customer care that our customers receive on a daily basis. “There is a big market for the medium-size niche jobs that sadly is getting left by the wayside. We have customers that want 500 boxes or direct printed bags. They are a small-to-medium sized companies and they don’t necessarily need 5,000 bags that are all the same. They want 500 of 10 different bags so they can sell more products. We want to offer an option to those people who need help with all of their printing needs and don’t want to go to 5 different places to get them all done.” -Richie Moore, co-owner, Minuteman Press, Macon, GA Franchise Support from Minuteman Press International Before franchising, Richie shares, “My wife Elle and I come from the insurance world and before that I worked with computers everywhere. My dad called me up one day and asked if I’d be interested in a printing franchise. One of our computer customers was Minuteman Press Macon and the owner called us and asked if we would be interested in buying the computers back from him. We offered to let us try running the business for a few months and see if it was for us.” He continues, “We did it and we loved helping out the customers. We loved that every day was something new to do. You definitely have to stay on your toes in a print shop! So, my wife and I cashed in our insurance bonuses and bought into a new business with my dad. From there, we have grown it dramatically and want to continue to grow with our customers.” Richie shares his thoughts on the support he and his family have received since joining the Minuteman Press franchise family. He says, “The Minuteman Press franchise has been around a long time and will be around a lot longer. If you have seen it printed, they have had experience with it. Our corporate office has been a great support to us when we had questions on how to help our customers. They have always been supportive in helping us reach our goals. This move to our new building has been the top goal for us for at least 3 years now, and we couldn’t have done it without the help and guidance of our local RVP Dave Walton and the local support team.” Richie adds, “We took over in 2017 but this Minuteman Press franchise has been in Macon for 35 years! We have a lot of experience and knowledge about the products that our clients want and possibly some that you don’t even know about that can help!” When asked about his final thoughts on the move and being business owner, Richie says, “I like to remind all of our clients that WE ARE LOCAL and that we can help. We would love to show prospects what we can do and invite them to tour our facility!” Richie concludes, “For business owners, I would say you need to s urround yourself with smart people that have done it all and are successful. This way, you will end up driving yourself to reach their level. That’s yet another reason franchising and Minuteman Press was right for us.” Minuteman Press in Macon is located at 4341 Interstate DR, Suite B, Macon GA 31210. For more information, call 478-474-6263 or visit their website: https://minuteman.com/us/locations/ga/macon/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

March 29, 2023 10:00 AM Eastern Daylight Time

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ARMOUR ACQUIRES ASSETS FROM TEXAS RANCHSCAPES LLC

Armour Excavating LLC

Armour Excavating LLC (“Armour”) a provider of aggregate delivery in Central Texas and cedar clearing services on Texas Hill Country ranches, is pleased to announce that it has acquired selected assets from Texas Ranchscapes LLC (“Texas Ranchscapes”) based in Harper, TX. “It was important to me that Armour has the same customer service values that Texas Ranchscapes had. We were known for rapid, on-time delivery and keeping our commitments to customers. Armour possesses those same values, so it was an obvious choice to ensure our customers continue to receive the best service,” said Curtis Warman, Owner of Texas Ranchscapes. “We are really excited to be adding additional assets to our fast-growing company. With these additional assets, Armour will be able to haul 21-ton loads (quad axle dump truck) which is complementary to our current tandem dump truck fleet. Armour is grateful for this opportunity from Curtis, and we look forward to welcoming Texas Ranchscapes customers to the Armour family,” said Stephen Day, Owner. Contact Details Armour Excavating LLC Media Contact info@armourexcavating.com Company Website https://www.armourexcavating.com

March 28, 2023 03:45 PM Central Daylight Time

Orange Tree Employment Screening Accelerates Momentum with Expansion of Senior Leadership Team

Orange Tree Employment Screening

Orange Tree Employment Screening, a technology-driven services company in the background screening industry, today announced that it has expanded its leadership team to include three new senior roles. Justin Jovle will serve as the new Chief Operating Officer (COO), while Bridget George will be the new Vice President of Client Services, and Brooke Boeser will help guide company expansion as the new Vice President of Marketing. The new hires will help the company continue to accelerate its strong growth while delivering unparalleled client service. “Over the past 18 months, Orange Tree has grown significantly, both organically and through acquisition. To continue this growth, it is important to strategically expand our leadership team,” said Renee Ernste, CEO of Orange Tree. “We are not stopping here. We have expansion plans which require expertise to enable the successful integration of the companies we’ve purchased and to support future acquisitions.” In addition to growing via acquisition and new sales, Orange Tree recently released an innovative online buying experience which provides buyers new levels of choice and pricing transparency. Available to all businesses, the online platform is targeted to the midmarket and small business customer who wants help in choosing the best solution with full visibility to pricing previously reserved for only enterprise businesses. “The buyers’ preferences have changed, and we are delivering what today’s customer expects and deserves,” said Jeff Ernste, Chief Sales and Marketing Officer. “Customers want to buy solutions tailored to their needs, in a way and at a time that is convenient for them, and with full transparency to the pricing and terms of their program. We are delivering a solution which aligns precisely with their needs. “The strategic decision to bring in tested leadership and launch a game-changing online buying platform means that Orange Tree’s growth momentum is just beginning,” concluded Ernste. About Orange Tree Employment Screening For more than 30 years, Orange Tree has provided technology-enabled background screening, drug testing, and occupational health services that are fast, easy to use, and can be tailored to the unique needs of each employer. Orange Tree streamlines hiring decisions, integrates with HCM and ATS platforms, and empowers employers in Healthcare, Manufacturing, Hospitality, Retail, Staffing, and other major industries to quickly fill open positions while delivering an engaging candidate experience. Learn more at www.orangetreescreening.com. Contact Details Razor Sharp PR Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.orangetreescreening.com/

March 28, 2023 08:30 AM Central Daylight Time

Transportation