News Hub | News Direct

Education

Higher Education Preschool Primary/Secondary
Article thumbnail News Release

UNiDAYS Launch Annual “Student Women of the Year 2022” Competition with £10,000 Prize Fund

UNiDAYS

To celebrate International Women’s Day, UNiDAYS has launched its annual Student Women of the Year competition, for the 4th year. Running until 27 th March 2022, the competition is open to all female-identifying students and will reward inspiring entrepreneurs who are breaking boundaries with a £10,000 grant to further their impact. The competition is part of UNiDAYS’ 2022 Student Women of the Year campaign, running throughout March. Building on this year’s International Women’s Day theme of #BreakTheBias, the campaign focuses on females who are breaking it down to build it better and succeeding, putting a spotlight on those doing so to inspire others to follow. With over 54% of Gen Z wanting to start their own business, UNiDAYS’ wants to redefine what it means to be an entrepreneur and empower those who are overcoming stereotypes and discrimination by breaking boundaries and problem solving. The competition will celebrate the next generation of female-identifying young leaders and shine a spotlight on their inspiring initiatives. The winner will be awarded a £10,000 grant to enable them to expand their efforts, with five runners up being awarded £1,000 respectively. To enter, participants simply need to post a short 60-second video, showcasing how they have been breaking boundaries, and outlining their plans for how they would spend the £10,000 grant to further their impact. To access the application form, participants must have a UNiDAYS account. UNiDAYS will shortlist five stand-out entries and a specially selected panel of external judges will choose the winner. These include award-winning environmental activist, CEO and author, Maya Penn, leading British vlogger, Georgia Rankin, and Mariel Richards, CEO at Gal-Dem. Entrants will be judged based on the content and creativity of the video, how well they explain how and what they are changing/contributing, how candidates will use the £10,000, and to what extent their project is breaking boundaries, and making the world a better place. Pretty Munro, Global Marketing Director, UNiDAYS, says: “To date, UNiDAYS has awarded £23,000 to female students to support their dreams and goals, however this year is our biggest prize fund yet. Building on last year’s International Women’s Day theme, which celebrated those who have been working tirelessly throughout the pandemic, this year’s award focuses on entrepreneurship. This generation is already expected to be the most entrepreneurial ever. Through our competition, we want to inspire the entrepreneurs of tomorrow, and help make their dreams a reality.” ENDS For further information on UNiDAYS, visit www.myunidays.com. Notes to Editors For further information please contact: Email: ben.robinson@eulogy.co.uk About UNiDAYS UNiDAYS is the world’s leading Student Affinity Network, with a verified global audience of over 20 million student members across 115 countries. UNiDAYS works with 800 of the world’s biggest brands globally, taking their products and services into the hearts and minds of tomorrow’s professionals, by inspiring Gen Z to discover and connect with the brands and services they need. Its global members have spent more than $5 billion through the UNiDAYS marketplace since 2018. Through its identity technology, secure brand-safe environment and marketing solutions, UNiDAYS delivers reach and engagement for brand partners, maximising sales and building long-term affinity, at scale and speed across a full range of channels. The company has over 200 staff, with headquarters in Nottingham, UK, and with offices in London, New York and Sydney. Contact Details UNiDAYS Alan Duncan alan.duncan@myunidays.com Company Website https://www.myunidays.com/PH/en-GB

March 08, 2022 03:00 AM Eastern Standard Time

Article thumbnail News Release

COD President Dr. Brian Caputo Named to Higher Learning Commission Review Team

College of DuPage

College of DuPage President Dr. Brian Caputo recently was named to the Higher Learning Commission (HLC) Peers Corps to help assure that institutions in the central United States comply with various accreditation criteria. The HLC relies on a cadre of carefully selected and trained professionals to support its accreditation processes. In this role, Dr. Caputo will serve as a member of teams conducting comprehensive evaluations, which include on-site visits and online assurance reviews on behalf of the HLC, one of six regional institutional accreditors in the U.S. “I am deeply humbled to assist in strengthening student success and institutional excellence at colleges and universities with such a distinguished team of my colleagues,” said Dr. Caputo. “Our collective knowledge and direct experience within higher education will play an essential role in all stages of the accreditation process.” Founded in 1895, the HLC’s mission is to advance the common good through quality assurance of higher education as the leader in equitable, transformative and trusted accreditation in the service of students and member institutions. “On behalf of the Board of Trustees, College of DuPage is honored to support the appointment of Dr. Caputo in this critical role with the Higher Learning Commission,” said Board Chairman Maureen Dunne. “Dr. Caputo’s vast experience in both public administration and higher education will serve well in adhering to the HLC’s vital mission.” Dr. Caputo holds a bachelor’s degree from the United States Military Academy at West Point, an M.S. in Accountancy from DePaul University, and an M.P.A. from Northern Illinois University (NIU). He earned a Ph.D. from NIU with fields of study in public administration, public policy and government finance. Dr. Caputo is also a Certified Public Accountant and a Certified Public Finance Officer. In 2004, Dr. Caputo retired from the United States Army Reserve as a Lieutenant Colonel. During his more than 22 years of active and reserve military service, he specialized in financial and human resources management. He joined College of DuPage in 2017 as Vice President for Administrative Affairs and Chief Financial Officer and was appointed interim president in 2019 after the departure of Dr. Ann Rondeau. He brings to the presidency more than 35 years of strategic management and leadership experience drawn from a broad range of senior-level positions in higher education, local government, and the military. Dr. Caputo’s teaching experience includes positions as a full-time faculty member at Central Michigan University and an adjunct professor at Northern Illinois University. He has also been a lecturer in numerous academic and professional capacities. Dr. Caputo regularly teaches classes in accountancy at College of DuPage. In 2015, Dr. Caputo became a Board Member on the Governmental Accounting Standards Board (GASB). The GASB is a seven-member board responsible for establishing and improving accounting and financial reporting standards for state and local governments in the United States, including public institutions of higher education. Dr. Caputo is a member of the Commission on Structured Pathways of the American Association of Community Colleges. He is also a member of the Illinois Council of Community College Presidents and serves on the council’s Finance Committee. Contact Details Jennifer Duda +1 630-942-3097 dudajen@cod.edu

March 07, 2022 12:20 PM Central Standard Time

Image
Article thumbnail News Release

MISHA MCCLURE TO LEAD DIGITAL EQUITY AND COMMUNITY IMPACT PROGRAMS AS COMCAST HOUSTON’S NEW DIRECTOR OF EXTERNAL AFFAIRS

Comcast Houston

Misha McClure will lead the Comcast Houston region’s digital equity and community impact programs as the new Director of External Affairs. In this role, McClure will partner with community organizations to help advance Comcast Houston’s position as a digital equity leader through legacy programs that provide important resources residents and business owners need to be successful in a digital world. In 2021, Comcast invested more than $3.5M in Houston-area community organizations and local digital equity programs. “Serving others has always been a big part of who I am,” McClure said. “I’m thrilled to advance our life-changing efforts to close the digital divide and lift-up income-constrained families with affordable and reliable high-speed broadband service. I’m also looking forward to working with our non-profit partners to further our shared efforts that help so many residents and customers.” McClure is a proven public relations and community affairs leader with more than 15 years of experience. McClure joined Comcast nearly nine years ago. In her previous role as External Communications Manager, she created compelling and engaging content for a wide variety of audiences, including amplifying digital equity and community impact efforts through traditional, influencer and social media. Internally, McClure launched the Houston region’s MyAbilities Employee Resource Group and completed numerous leadership development courses. “Misha has worked tirelessly to empower our community with information and programs that have truly made a difference,” Toni Beck, Comcast Houston’s Vice President of External Affairs, said. “In her new role, Misha will continue that work while also blending in her infectious passion for building partnerships that will make the Houston region a more equitable place to live and work.” McClure received a Bachelor of Arts Degree in Mass Communication from Southern University in Baton Rouge, Louisiana. She serves on the Board for Easter Seals of Greater Houston. She is a member of the Public Relations Society of America – Houston chapter and the National Association of Black Journalists. In her free time, Misha enjoys traveling with her family. She volunteers with organizations to help them optimize and grow their brand. To learn more about Comcast’s digital equity and community impact programs, visit houston.comcast.com. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Foti Kallergis +1 832-986-0196 Foti_Kallergis@comcast.com Company Website https://houston.comcast.com/

March 07, 2022 07:02 AM Central Standard Time

Article thumbnail News Release

Volatus Aerospace Makes Strategic Investment in Delta Drone to Solidify Global Drone Presence

Volatus Aerospace Corp.

(TSXV:VOL) (OTCQB:VLTTF) - Volatus Aerospace announced the signing of a definitive agreement on March 3 rd, 2022, to make a strategic investment in Delta Drone SA, a company based in Lyon, France, listed on the Euronext Growth Paris stock exchange. The maximum investment value will be C$807,679 (€576,913), representing a 20% equity position in Delta Drone SA, with an option to increase the shareholding to 45% within 30 days from the Closing date with an additional investment amount not exceeding C$1,009,599 (€721,142). The total investment will not exceed C$1.85M (€1.30M), and Volatus plans to fund this through its existing cash reserves. Delta Drone is a fast-growing drone and robotics company with operations in France, Belgium, Australia, South Africa and Ghana and unaudited annual sales in 2021 of approximately C$23 million (€16 million). Founded in 2011, business activities include the design, manufacture and sale of specialized drone and robotics equipment, the dronification of industrial and event security services, training and commercial drone services with particular expertise in mining and agriculture. The agreement provides that Glen Lynch, CEO of Volatus Aerospace, will become Executive Chairman of Delta Drone. Christian Viguié, currently President & CEO of Delta Drone, will assist Glen, and continue to play a role in the management of the alliance. Under the terms of the agreement, Volatus will support Delta Drone in executing an aggressive business development strategy to better leverage the company's key technologies and capabilities. The following initiatives have already been defined: Evolve from a technology-focused organization to a sales-focused organization Pursue a cost rationalization program to improve efficiencies Suspend all further use of the current Ornan dilutive financing program Build joint sales teams with Volatus to accelerate growth in Europe and expand Delta Drone offers in North America Pursue development in Africa and the southern hemisphere (Australia and South Africa) Create a new relationship of trust with all shareholders "The leveraging of Delta Drone's operations in Europe, Australia and Africa with Volatus Aerospace's operations in Canada, the United States and Latin America will create technical and commercial opportunities across five continents," said Glen Lynch, CEO of Volatus Aerospace. "This investment provides joint access to technologies and expertise that broadens the product and service portfolios of both Delta Drone and Volatus Aerospace and creates a synergistic approach to serving the key interests of customers worldwide." "Delta Drone, Delta Drone International and Volatus Aerospace are highly complementary, and this investment moves us towards creating a truly global player, capable of meeting the needs of a large account clientele around the world," said Christian Viguié, President & CEO of Delta Drone. "With technological solutions and associated services ready to be deployed, we will be able to focus on deeper commercialization and accelerating our growth." The transaction will result in the issuance of 824,162,071 Delta Drone treasury shares that, once issued, will represent 20% of total outstanding shares. The shares issued will be subject to any stock adjustments carried out by Delta Drone before Closing. Consideration will be in the form of cash with the per-share subscription price determined by the Parties, based on the volume-weighted average daily price of Delta Drone’s shares over ten (10) trading days before the Closing Date less a 35% discount, or €0.0007 whichever is lower. The investment amount to acquire 20% will not exceed C$807,679 (€576,913). The Closing for the transaction is scheduled for March 31 st, 2022. In addition to the purchase of the shares noted above, Volatus will be issued optional warrants allowing Volatus to increase its equity position in Delta Drone to 45% of the outstanding shares. The subscription price for the shares if Warrants are exercised at Volatus’ sole discretion will be €0.0007 or the volume-weighted average daily price of Delta Drone’s shares over a period of ten (10) trading days prior to the Closing Date less a 35% discount, whichever is lower. The increased investment not exceeding C$1,009,599 (€721,142), can be done before April 30 th, 2022. Volatus is also being issued with anti-dilutive warrants that will be triggered and exercised when shareholding of Volatus falls below the 45% threshold. Anti-dilutive warrants are priced in a similar way as optional warrants. This transaction is expected to close on March 31 st, 2022, or such other date as may be agreed upon, subject to due diligence, mutually agreed business plan, execution of employment contracts for the leadership team of Delta Drone, any applicable waivers, and any applicable regulatory approval by the TSX-V, AMF and foreign investor approval by the French Ministry of Economy. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL About Delta Drone: Delta Drone Group is a recognized international player in the civil drone industry for professional use. It develops a range of professional solutions based on drone technology as well as all associated services that form a complete value chain. Delta Drone shares are listed on the Euronext Growth Paris market - ISIN code: FR0011522168Also listed on Euronext Growth of BSA Y – ISIN code: FR 0013400991 www.deltadrone.com Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 03, 2022 05:47 PM Eastern Standard Time

Image
Article thumbnail News Release

New STORY MODE Series Explores the Positive Benefits of Video Games

The Entertainment Software Association

The Entertainment Software Association (ESA) and Games for Change (G4C) today announced the launch of STORY MODE, a series of conversations with video game industry leaders who are defining the future of play and bringing immersive, interactive experiences into innovative spaces like education, fitness and mental health. “ STORY MODE shows how video games and interactive entertainment positively affect many aspects of people’s lives, especially physical and mental wellness and education,” ESA President and CEO Stanley Pierre-Louis said. “We appreciate the opportunity to partner with Games for Change to produce a series that illustrates the importance and value of play.” The inaugural episode of STORY MODE released today features Microsoft’s Head of Minecraft Education Allison Matthews, who discusses how Minecraft helps students prepare for a future where coding skills are essential. Future episodes will spotlight creators and innovators including Supernatural Co-founder, CEO and CCO Chris Milk, Supernatural Head of Fitness Leanne Pedante, thatgamecompany President and Creative Director Jenova Chen, Popcannibal Fouder Ziba Scott and Akili Interactive Labs Founder and CEO Eddie Martucci. “The creators and games featured in STORY MODE give us unique perspectives on the power of play,” Games for Change President Susanna Pollack said. “Games for Change is pleased to partner with the ESA on this new series to further advance our mission to empower game creators and social innovators to drive real-world change.” Future episodes are scheduled for release through June on theESA.com and Gamesforchange.org, with additional episodes planned for later in the year. About the ESA The Entertainment Software Association (ESA) serves as the voice and advocate for the U.S. video game industry. Its members are the innovators, creators, publishers and business leaders that are reimagining entertainment and transforming how we interact, learn, connect and play. The ESA works to expand and protect the dynamic marketplace for video games through innovative and engaging initiatives that showcase the positive impact of video games on people, culture and the economy. For more information, visit the ESA’s website or follow the ESA on Twitter @theESA. About Games for Change Since 2004, Games For Change (G4C) has been empowering game creators and innovators to drive real -world change, using games and immersive media that help people to learn, improve their communities, and contribute to make the world a better place. G4C partners with technology and gaming companies as well as nonprofits, foundations and government agencies, to run world class events, public arcades, design challenges and youth programs. G4C supports a global community of game developers working to use games to tackle real world challenges, from humanitarian conflicts to climate change and education. Contact Details The Entertainment Software Association (ESA) Karen Elliott +1 202-223-2400 kelliott@theESA.com Company Website https://www.theesa.com/

March 03, 2022 09:00 AM Eastern Standard Time

Article thumbnail News Release

Kramer launches its new high-performance, highly scalable KDS-7 AVoIP streaming solution

Kramer Electronics

Kramer Electronics Ltd. is pleased to announce the release of KDS-7, a full AVoIP streaming solution for anywhere that low-latency, high-quality 4K60 content distribution and switching is required. Delivering a superb user experience, enterprise IT-grade security and advanced, yet intuitive management, the KDS-7 line is a perfect fit for Enterprise, Education, Homeland Security, Military or Government sites of any size. Built as a complete solution, the KDS-7 product line comprises a full range of networked end points, including encoders, decoders and auto-switch encoders, as well as a dedicated manager device. It supports 1K video sources and easily scales to suit the AV needs of numerous rooms and locations, for any size business or campus. Enterprise-grade IT security, built-in to all KDS-7 devices, protects the IT network. The KDS-7 product line expands the benefits of AVoIP. With AVoIP, the AV encoders and decoders are connected to the end-points of the organization’s IP network. Leveraging the switching power of the IP network eliminates the limits on AV deployments, which would otherwise be constrained by the number of physical AV ports on hardware, and that consume a great amount of real estate and energy. This simple and reliable approach enables huge numbers of devices in a single network and makes expanding into new spaces easier and less costly. Kramer’s AVoIP offering is already widely recognized for providing optimum scalability and flexibility, with multiple solutions adopted at growing scale by Enterprise, Education, Homeland Security, Military and Government organizations. Now, with the KDS-7 line, Kramer is introducing even greater scalability and flexibility. Plug-and-play integration into any IP network speeds up deployment and significantly reduces costs. High-resolution video, support for large-scale video wall installations, and full compatibility with end-user devices, including USB-C connection for simple collaboration and simultaneous charge, ensure an outstanding experience for users. “At Kramer we’re proud to be a leader in creating AVoIP products that accelerate hybrid work, improve hybrid learning across campuses and enhance performance of command and control centers at large-scale installations,” commented Gilad Yron, CEO Kramer Electronics. “Our new KDS-7 AVoIP product line furthers our mission, providing a superior user experience with its ability to support a large number of video sources, with low latency, fast switching, intuitive manageability and advanced security capabilities.” We are dedicated to delivering better, smarter solutions that enhance physical-digital engagement and collaboration. Kramer solutions are based on our cutting-edge products and technologies for traditional AV, AV over IP, unified communication and collaboration (UCC) and wireless collaboration, and advanced management and control. Contact Details Kramer Electronics Ltd. Ornit Sade Benkin +972 52-332-7700 osade@kramerav.com Company Website https://www.kramerav.com/

March 03, 2022 09:00 AM Eastern Standard Time

Article thumbnail News Release

College of DuPage English Professor Honored with Prestigious AACC Faculty Award

College of DuPage

College of DuPage Assistant English Professor Jill Salas has been recognized by the American Association of Community Colleges (AACC) with the esteemed Dale P. Parnell Faculty of Distinction Award. The designation recognizes Salas for her efforts in making a positive difference in the classroom. Salas is one of 29 instructors nationwide to receive the award, each nominated in various academic disciplines by members of the AACC, the primary advocacy organization for the nation’s community colleges. "It's an honor to receive this distinction, but it's also quite an honor to see my students achieve their goals,” Salas said. “At the end of each semester, I always tell them that my greatest reward is their success.” College of DuPage Dean of Liberal Arts Robyn Schiffman said Salas is well deserving of the honor as she never fails to raise the bar in the classroom and to broaden her students’ outlook on their futures. “Jill’s awareness of local, state and national conversations surrounding equity, access and success, and her ability to put that in practice in meaningful ways, cements this recognition,” she said. “This is well deserved and will only make Jill strive to do better and do more.” Salas teaches developmental writing courses and has specific goals to help her students succeed. “Our students are burdened with so many competing responsibilities,” she said. “Each student I’ve known works one or more jobs, takes on significant household responsibilities, has children, cares for parents or siblings, lacks technology access, faces food or housing insecurities, and/or commutes long distances to work or campus. Their ability to juggle these priorities and attend college amazes me, and I do whatever I can to support them so they can reach their goals.” Learn more about Salas. Contact Details Angela Mennecke +1 630-942-3134 menneckea@cod.edu

March 02, 2022 02:01 PM Central Standard Time

Image
Article thumbnail News Release

Volatus Aerospace Announces Successful Qualification for the US OTCQB Venture Market

Volatus Aerospace Corp.

Volatus Aerospace Corp. ("Volatus" or the "Company") (TSXV: VOL) (OTCQB: VLTTF), is pleased to announce that it has qualified for trading on the OTCQB Venture Market (the "OTCQB") in the United States and the Company's common shares commenced trading today on the OTCQB under the symbol "VLTTF". Volatus' common shares will continue to trade on the TSX Venture Exchange under the symbol "VOL". The OTCQB, operated by OTC Markets Group Inc., is designed for developing and entrepreneurial companies in the United States and abroad. Companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors with improved visibility to enhance trading decisions. The OTCQB is recognized by the United States Securities and Exchange Commission as an established public market providing public information for the analysis and value of securities. “Having our shares quoted on the OTCQB provides greater visibility and a means of expanding our shareholder base and liquidity with US institutional and retail investors," said Glen Lynch, President and CEO of Volatus. "It is an important milestone and natural next step to increase awareness and drive shareholder value during another exciting year.” The Company is awaiting approval of its application for DTC eligibility. B. Riley Securities Inc. acted as OTCQB sponsor. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL About OTC Markets Group Inc. OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, the OTC connects a diverse network of broker-dealers that provide liquidity and execution services. The OTC Markets Group Inc. enables investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. To learn more about the OTC Markets Group Inc., visit www.otcmarkets.com. OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC. Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 02, 2022 08:02 AM Eastern Standard Time

Image
Article thumbnail News Release

Volatus Aerospace Closes Acquisition of MVT Geo-Solutions Inc., a Quebec-based Geomatics Service Company

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (“Volatus”) is pleased to announce that it has closed its acquisition of MVT Geo-Solutions Inc. (“MVT”), a Quebec, Canada-based leader in geomatics innovations. The company announced the definitive agreement to acquire MVT on February 1, 2022. The agreement was subject to several customary conditions including TSX Venture Exchange approval and due diligence. "With the successful closure of this acquisition, Volatus expands our footprint in Quebec, which is one of the largest markets in Canada. We also increase our expertise in geomatics and our access to national and provincial large-scale clients," stated Glen Lynch, CEO of Volatus. "Maude Pelletier and her team are a welcome addition to the Volatus family. We are all looking forward to working together and growing our business." Maude Pelletier, CEO of MVT, commented: “Combining our strengths and capabilities will allow us to lead the industry and maximize our potential. It’s with great pride that we join the family, and we look forward to participating in the growth of Volatus and sharing our knowledge with the rest of the team.” The total consideration payable in connection with the acquisition of 100% of outstanding shares of MVT is $995,000 CAD. This amount consists of: (i) $850,000 CAD paid in cash; and (ii) the balance through the issuance of 349,399 common shares of Volatus having a value of $145,000 CAD (calculated based on the last closing price of the Volatus common shares on the TSX Venture Exchange prior to the closing date). In a prior release (February 1, 2022) it was stated that Volatus will issue common shares to the value of $350,000. This has changed due to working capital adjustments as agreed between the parties. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 01, 2022 07:08 PM Eastern Standard Time

1 ... 6768697071 ... 99