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Caliber will hold Groundbreaking for The Commons of Mesa

Caliber Co.

Caliber (CaliberCos Inc.), a vertically-integrated alternative asset manager and fund sponsor, just announced the groundbreaking for The Commons of Mesa, a 144-unit apartment community located in downtown Mesa will be held on February 23, 2022, at 10 am. The Commons of Mesa will contain 48 one-bedroom units and 96 two-bedroom units. It will be comprised of twelve buildings each with 12 units surrounding a common courtyard. It is located at 140 W. 2 nd Avenue Mesa, AZ 85201 (between S. Robson and South MacDonald). The development sits on a 2.54-acre lot that is walking distance to Mesa’s downtown district. In 2017, Caliber began acquiring a series of buildings in downtown Mesa, and The Commons of Mesa is the latest addition to the portfolio. “We have a lot of activity going on with our Mesa projects,” says John Hartman, Chief Investment Officer of Caliber. “We are under construction at 114 W. Main Street for a co-working space. Also, we have signed with a distillery company for 155 W. Main Street and we are finalizing leases with a malthouse, a bar arcade and a multi-offering food hall which will have a market hall, restaurants, and bars.” In five other buildings that Caliber owns in downtown Mesa, the company is in late discussions with a number of other retail and restaurant tenants. Caliber is redeveloping 29 West Main Street as a mixed-use property with 10,000 square feet of retail on the ground floor and 90 apartments on the five floors above. Caliber is in the entitlement process for these apartments now with its partner Bob Worsley of Zennihome. “Given the national conversation about the lack of attainable housing, Caliber’s apartments at The Commons of Mesa and at 29 West Main Street, add 234 new apartments to Mesa and are hitting directly at the need that local governments across the country are trying to address,” continues Hartman. Caliber is leading the effort to redevelop downtown Mesa. “We are pleased that Mayor John Giles, City of Mesa, is scheduled to participate in this groundbreaking event,” adds Hartman. By national standards, Mesa is the 34 th largest city in the US and one of the fastest growing cities. Its downtown area in particular, where The Commons of Mesa is located, has experienced a renaissance in the past few years with the introduction of a light rail service, redevelopment of its historic core, and the new Arizona State University Campus at Mesa City Center which will host more than a thousand students, faculty and staff and is set to open in spring 2022. Mesa currently has an annual growth rate of 2% and has seen its population increase by 22.5% since the 2010 census. Future job growth in Mesa over the next 10 years is projected to be 47%, far outpacing the national average. “Now that The Commons of Mesa is under construction, we will start pre-leasing as soon we are far enough along,” concludes Hartman. The total development cost for The Commons of Mesa is $42M. Caliber is raising equity for this project in the amount of $9M. Caliber is co-developing this project with Cardinal Capital Management, a vertically integrated real estate development company that specializes in multi-family and workforce housing. Another strategic partner for The Commons of Mesa is Waltz Construction. ABOUT CALIBER Caliber – the Wealth Development Company – is a middle-market alternative asset manager and fund sponsor with approximately $2 billion in assets under management and development. The Company sponsors private funds and private syndications. It conducts substantially all business through CaliberCos, Inc., a vertically integrated asset manager delivering services which include capital formation and management, real estate development, construction management, acquisitions and sales. Caliber delivers a full suite of alternative investments to a $4 trillion market that includes high net worth, accredited and qualified investors, as well as family offices and smaller institutions. This strategy allows the Company to opportunistically compete in an evolving middle-market arena for alternative investments. Additional information can be found at CaliberCo.com and CaliberFunds.co Contact Details Caliber Companies Susan Assadi +1 480-510-4881 susan.assadi@caliberco.com Company Website https://www.caliberco.com/

February 04, 2022 10:00 AM Eastern Standard Time

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COD Launches Virtual Newsroom to Expand Coverage of Stories, Experts and Events

College of DuPage

The College of DuPage News Bureau recently launched a new virtual newsroom to enhance coverage of events, subject-matter experts, features and other news from the Glen Ellyn campus, its centers and ongoing work in the community. The new virtual newsroom website provides an overview of the College’s latest news, student success stories and faculty experts through stories, videos and photos. Visitors to the site also can read the latest from COD President Dr. Brian Caputo and other College thought leaders to learn more about campus happenings and programs. “Our inaugural virtual newsroom brings forth a unified user interface and solid experience that is uniquely designed to meet the needs of both internal and external audiences,” said Wendy E. Parks, Vice President of PR, Marketing and Communications. “We are excited to share this digital platform that will serve as a news hub and repository of sources, industry trends and information.” In addition, media outlets now have direct access to COD footage and photos, and easily can contact News Bureau staff through the website’s improved navigation. “College of DuPage is a multi-faceted institution, and it is important for us to better capture our vital and engaging content by incorporating the multitude of tools we use to convey our institutional story,” said News Bureau and Community Engagement Senior Manager Jennifer Duda. “The News Bureau and COD’s web team collaborated to create a platform that operates very much like front page news for the institution.” The site features videos from COD’s award-winning Multimedia Services department, information on upcoming events, and analysis on current issues and trends from faculty experts who share their knowledge through the College’s Speakers Bureau. “We are very proud of the end result and excited to share this resource with our community members and local media,” Duda said. The News Bureau crafts dynamic and compelling stories to support the College's mission and vision through media outreach, social media strategy and multimedia pieces. The department is responsible for developing press releases and obtaining media placements in local, regional and national media outlets to enhance visibility of the College's news, programs, students, faculty, events and thought leadership. News Bureau Contact Details Jennifer Duda +1 630-942-3097 dudajen@cod.edu

February 03, 2022 01:00 PM Central Standard Time

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Osmo From BYJU’s Names Kar-Han Tan, Ph.D., Head of Computer Vision and Machine Learning

Osmo

Award-winning STEAM brand, Osmo from BYJU’S, announces Kar-Han Tan’s appointment as Head of Computer Vision and Machine Learning, effective immediately. With three decades leading teams in robotics and AI research and development, Tan will further the development of a world-class computer vision and AI platform that aids in the creation of new products, games, and devices incorporating gains made in deep learning technology. In addition, he will lead a growing global team to research, develop, and optimize new algorithms for computer vision and AI-enabled features such as object detection, object recognition, hand tracking, pattern matching, and hand-drawing analysis, among others, all in an effort to create the best learning tools and outcomes.. “We were impressed by Kar-Han’s extensive experience leading R&D teams in robotics, AI, and deep learning,” says Mark Solomon, Senior Vice President of Products and Platform at BYJU’S. “His background will help Osmo expand the usage of computer vision technology across BYJU’S various products and platforms, further meeting the needs of learners of all ages everywhere.” Tan, who was born and educated in Singapore, most recently founded Helpful Robotics LLC, which designed and built an AI-enabled autonomous assistive robot from the ground up, and fostered a collaboration between scientists and engineers located in the San Francisco Bay Area, including the University of California San Francisco, and at the University of Illinois at Urbana-Champaign. “It’s an important moment for Osmo to capitalize on the explosive breakthroughs in computer vision technology driven by advances in deep learning in recent years,” says Tan, a father of two school-aged children who is passionate about kids’ at-home learning utilizing game-based play. “When combined with advances in neural engines and discoveries of new algorithms for devices, it offers a realm of new capabilities for all devices. Osmo is part of a new ‘space age,’ transforming what was previously imagined as sci-fi fantasy into a concrete reality within the realm of gamified learning and tools.” Between 2017 and 2019, Tan was Head of Product Research and Development at Singapore Telecommunications in Singapore, where he built and led an end-to-end research and development organization and led a number of engineering teams. He helped form the Singtel Cognitive and Artificial Intelligence Lab for Enterprise (SCALE) including a collaboration between Nanyang Technological University, Singapore (NTU Singapore) and the Agency for Science, Technology and Research (A*STAR), which focused on resolving various challenges faced by cities in keeping their infrastructure facilities in top working condition, through the use of smart sensors embedded with AI. Tan was also involved in product launches for a cloud-based open robotic fleet management platform, an AI-powered IoT platform, a smart camera system using Edge intelligence, and an immersive 3D physical security management system. Prior to this, Tan was Vice President of Engineering at NovuMind in Silicon Valley, where he formed and led the software and deep learning algorithms team, in addition to leading the development of a proprietary system for deep learning-based, real-time, unconstrained face recognition system that was installed in an office building in China, to monitor times of entries and exits. Before NovuMind, he was Principal Engineer at Hewlett Packard Personal Systems and later promoted to Head of Advanced Development. He served as technical lead for the computer vision software team for Sprout by HP, the first consumer product to integrate a 3D camera and incorporate 3D scanning capability. Tan’s research and development career also includes working for HP Labs, Epson, and Mitsubishi Electric Research Lab. Tan earned a Ph.D. in Computer Science specializing in computer vision technology from University of Illinois at Urbana-Champaign, a M.S. in Computer Science specializing in robotics from UCLA, and a B.Sc. in Computer Science from National University of Singapore. Tan holds over 60 patents, and his research has been published and cited in numerous academic and trade journals. About Osmo From BYJU’S Osmo is an award-winning STEAM brand, wholly owned by BYJU’S, the leading global edtech company. Osmo and Osmo Education products are used in over 2.5 million homes and 50,000 classrooms, respectively. Osmo builds a universe of hands-on, curriculum-based learning experiences that nourish the minds of children by unleashing the power of imagination. The brand brings physical tools into the digital world through augmented reality and its proprietary reflective artificial intelligence. Learn more at PlayOsmo.com and Osmo Education. About BYJU’S Launched in 2011, BYJU’S is the world’s leading education technology company for students Pre K-12 and is beloved by 100 million students around the world. By making learning contextual and visual, not just theoretical, BYJU’S is paving the way for new-age, geography-agnostic learning tools that sit at the cross-section of mobile, interactive content and personalized learning methodologies. To learn more, go to: byjus.com/us. Contact Details Osmo Lisa Fujioka lisa@tangibleplay.com Company Website http://www.playosmo.com

February 03, 2022 05:00 AM Pacific Standard Time

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Panasonic Introduces All-in-One Lecture Capture and Auto Tracking Solution to Enhance Information Sharing and Collaboration

Panasonic Professional Imaging & Visual Systems

Information sharing, and collaboration are the cornerstones of productive learning and work environments. As education and corporate institutions accelerate digital transformation initiatives across hybrid settings, they need agile and flexible technology solutions. Today Panasonic System Solutions Company of North America (, Division of Panasonic Corporation of North America (”Panasonic”) announced its new Lecture Capture and Auto Tracking Solution for recording and sharing lessons, meetings, and presentations in which cameras, advanced auto-tracking software, and servers work together to create an easy-to-use content and video management platform. Panasonic is bringing together technology for a complete solution for customers in enterprise-level applications, such as higher education or corporate settings. The solution takes advantage of the facial auto tracking ability of Panasonic’s Pan-Tilt-Zoom (PTZ) cameras by combining auto tracking server bundles and lecture capture content and video management systems. As more organizations, colleges and universities embrace hybrid environments, the solution enables organizations to foster heightened collaboration from all participants through an engaging visual experience. With support for IP video feed, installation is simple no matter the building architecture. The result of this advanced, easy-to-use technology is an all-in-one system that enables teachers, students, and corporate employees to deliver engaging content while enhancing productivity and lesson planning in today’s high-flex, hybrid environments. “Whether learning or working, critical information must be easily accessible regardless of whether it’s delivered in a physical or digital environment – and in real time or after the fact,” said John Kaloukian, Director of Solutions and Services of the Professional Imaging and Visual Systems Group at Panasonic System Solutions Company of North America. “Technology bridges the divide of hybrid settings ensuring that information is delivered in an engaging and accessible way and sustains this next normal of work. Our new lecture capture solution offers organizations opportunities for enhanced collaboration and productivity from all participants.” When used alongside additional AV technology, like Panasonic’s digital wireless microphone system within its professional audio portfolio, the Lecture Capture and Auto Tracking Solution eliminates many challenges of hybrid work and learning. Panasonic offers three flexible, easy to install and simple to manage packages to support customers with various operating environments. This includes: A two or four channel Auto Tracking-capable server, A full, hybrid Lecture Capture-capable server, which uses the capabilities of auto tracking and file management all within one solution. By equipping educators and workers with digital tools to integrate lectures and supporting materials, they can effectively reach their audiences without any strain on the presenter using the system. Centered around accessibility and character recognition, the lecture hall or meeting space remains front and center to the presenter and its audiences. “We’ve all experienced video fatigue in recent times. With traditional lecture capture technology offering a simple video or audio recording, viewers can easily be bored or disengaged,” said Jason Shelton, Senior Solutions Development Manager, Business Development at Panasonic System Solutions Company of North America. “Presentations now require so much more than a talking head, but rather a multi-source, fully sensory experience. Now, presentations in any setting can be performed and delivered with crisp visuals and accurate tracking of the speaker offering more pathways to listen, comprehend and engage.” For more information, visit: https://na.panasonic.com/us/lecture-capture-solutions. About Panasonic System Solutions Company of North America Panasonic System Solutions Company of North America, a division of Panasonic Corporation of North America, delivers game-changing technology solutions that deliver customized experiences to drive better outcomes—for our customers and our customers' customers. Panasonic designs and manufactures reliable, flexible, and dependable products and solutions to help create, capture, and deliver information of all types, especially where, when, and how it is needed. The complete suite of Panasonic professional solutions for government and commercial enterprises of all sizes addresses unified business communications, mobile computing, security and surveillance, retail point-of-sale, office productivity, audio and visual systems (projectors, displays & digital signage) and professional video production. To learn more about Panasonic's business products and solutions visit: https://na.panasonic.com/us/audio-video-solutions. Connect with Panasonic Professional Imaging & Visual Systems: Twitter, LinkedIn, Facebook, YouTube Contact: Sophie Rubin (Racepoint Global for Panasonic): 617-624-3215, PanasonicVisual@racepointglobal.com Kate Lajeunesse (Panasonic): 973-289-1909, kate.lajeunesse@us.panasonic.com Contact Details Racepoint Global for Panasonic Sophie Rubin +1 617-624-3215 PanasonicVisual@racepointglobal.com

February 02, 2022 08:30 AM Eastern Standard Time

Kramer acquires UC Workspace in strategic move to expand the boundaries of collaboration

Kramer Electronics

Kramer Electronics Ltd. announced today the acquisition of UC Workspace (UCW), a pioneer and leader in unifying collaborative experiences. Uniting UCW’s and Kramer’s technology and product portfolios under one roof creates new and unique opportunities to bring a new level of simplicity, automation and collaboration to Enterprise and Education customers. UCW products facilitate engagement across multiple platforms, providing intuitive ways to communicate, control and collaborate. Its award-winning Quicklaunch software solution enables people and organizations to seamlessly engage across multiple UCC platforms. It is the fastest and most secure and intuitive way to launch and control any meeting regardless of conferencing provider. With its upcoming WEAV content and interaction platform and UCCentral software, which provides unparalleled insight and control of workspaces, devices and apps, UCW innovation is helping organizations boost productivity across multiple dimensions. “This acquisition is the latest step in our journey to reinvent the collaboration experience,” said Gilad Yron, Kramer’s CEO. “It is a power-up in our commitment to creating new ways for people to engage and collaborate more intuitively, simply and inclusively, and with that, to bring more layers of productivity to our customers.” He continued: “Bringing UCW into the Kramer family accelerates our drive to build a market-leading product and R&D organization. It’s a perfect fit with our existing technologies and our innovation plans for the new physical-digital world.” Angela Hlavka, CEO of UC Workspace, said: “Having created the market for unified collaborative experiences, we are thrilled to take UCW technology and partner network to a new scale. This will benefit all our customers, through a broader range of solutions, new technologies and market-leading customer support. We are delighted to join the Kramer family on this exciting journey toward better and more productive collaboration for all.” About Kramer We’re 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. www.kramerav.com About UCW UC Workspace is a leading global provider of unified collaboration solutions, helping companies move beyond traditional meeting rooms to inspiring workspaces that improve collaboration, sharing, communication and technology integrations. UC Workplace works with multiple meeting providers and are agnostic to applications and hardware. Platinum Partners have optimized customized versions of our flagship Quicklaunch application. www.ucworkspace.com Contact Details Ornit Sade Benkin +972 52-332-7700 osade@kramerav.com Company Website https://www.kramerav.com/

February 01, 2022 12:00 PM Eastern Standard Time

Volatus Aerospace to Acquire 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 entered into a definitive agreement to acquire MVT Geo-Solutions Inc. (“MVT”), a Quebec, Canada-based leader in geomatics innovations. MVT’s team of geomatics scientists, engineers, and other professionals combine the technologies and knowledge necessary for the acquisition and processing of various types of data used to study Earth, its phenomena and its resources. Services include data collection, processing, and analysis to a variety of industries including civil engineering, transport, hydrography, natural resource management, forestry, and public safety. MVT had unaudited revenues of C$1.4M in 2021 including geomatics services, equipment sales and training with a net profit margin of 12%. Key Highlights of the Transaction: Expands Volatus footprint in Quebec, one of the largest markets in Canada Increased expertise in geomatics Scalable relationships with some of Canada’s largest companies Established agreements with key equipment manufacturers can be scaled across the Volatus network “Volatus has long seen MVT as the leader in geomatics and drone services in the Quebec market. Adding their capabilities and regional market presence is an important step for Volatus and consistent with our mission to lead consolidation in the markets we serve,” stated Glen Lynch, CEO of Volatus. “Under the continued leadership of its CEO Maude Pelletier, our objective is for MVT to propagate its expertise across Volatus and leverage our scale to expand existing customer relationships from regional to national and international.” “Since its beginning in 2016, MVT has built strong relationships by delivering innovative geomatics services throughout Quebec and Eastern Canada,” said Maude Pelletier. “Joining Volatus provides the resources, scale and market presence to help accelerate MVT’s growth and contribute to the overall capabilities of Volatus.” The total consideration payable in connection with the acquisition of 100% of MVT shares is $1,200,000 CAD, which will consist of: (i) $850,000 CAD paid in cash; and (ii) the balance in common shares of Volatus having a value of $350,000 CAD, calculated based on the last closing price of the Volatus common shares on the TSX Venture Exchange prior to the closing of the acquisition. The acquisition is expected to accelerate growth through MVT’s leverage of the Volatus sales and marketing resources, North American pilot network, and Volatus’ strengths in agriculture, façade inspections, and cargo solutions. Volatus intends to leverage MVT’s geomatics capabilities, and technical strengths, particularly with respect to LiDAR, throughout its existing operations. This transaction is subject to a number of customary conditions including TSX Venture Exchange approval and due diligence. The scheduled closing date is February 28 th. 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. Cautionary Statement Regarding Forward-Looking Information 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 expectation that the acquisition described will close; (ii) the anticipated benefits to Volatus and its stakeholders from the acquisition; (iii) the effects of the acquisition on the business of Volatus and MVT and (iv) the business plans and expectations of the Corporation. 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. For instance, conditions to the closing of the proposed acquisition may not be satisfied and closing may not occur within the anticipated time frame, if at all and anticipated benefits to the acquisition may not materialize. Readers are referred to the risk factors associated with Volatus’ business described in Volatus’ management information circular dated November 14, 2021, and filed on www.SEDAR.com on November 16, 2021. 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, Chief Operating Officer +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

February 01, 2022 08:00 AM Eastern Standard Time

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Minuteman Press Franchise in Winter Park, FL Celebrates 25 Years and Shares Secrets to Longevity and Growth

Minuteman Press International Inc

In 1996, Linda Sang decided to leave the corporate world and join the Minuteman Press franchise family, and she is now celebrating 25 years in business. Linda’s daughter Darcy has been along for the ride, saying in a recent newsletter, “It was a world that none of us knew anything about, but would quickly learn as every available hand was recruited to answer phones, hand collate and staple jobs and market the business for our intrepid leader. And we have been doing it ever since.” Being in business for over 25 years, Linda shares her biggest keys to longevity and growth. She says, “We keep pushing to get new customers in various methods. The pandemic initially cut down on the door-to-door marketing that has always been successful in the past for us. We currently do more social media, thanks to my daughter, Darcy, and some direct mail campaigns targeting local businesses and new businesses.” Linda continues, “We are also very attentive to our customers, keeping them informed and helping them find solutions/options for their needs. We respond to emails almost instantly and turn quotes around as quickly as possible, generally the same day if there isn’t a lot of research involved. When we make deliveries, each customer gets a ‘goody bag’ with notepads and other branded items. Many customers get excited about our deliveries, sometimes even more so for our giveaways rather than their finished jobs.” Over the past two years, Linda and her team have utilized various digital and print marketing tools available to them. She says, “We have gotten more into social media than in the past and have worked on getting high Google ratings, as customers do look at reviews. We do find that we are getting a lot of requests from Google and the Minuteman Press Internet Marketing program. We also test out the suggested methods from Minuteman Press corporate (such as the lumpy mailer and direct mail campaigns) and see what works best for us and our customer base. Otherwise, we are simply doing what we have always done through the years… provide solid customer relations.” What’s next for Minuteman Press in Winter Park? Linda says, “We hope to grow this year by reaching out to new prospective customers and generate more referrals.” Lastly, Linda reflects on the family business and says, “In our case, Darcy and I work together well and have the same goals and work ethic. My husband, Kelly, is semi-retired and helps out when we need him. When you have this situation, you don’t have to worry about someone showing up to work or leaving for other opportunities. There is always loyalty. We also find it key to treat our employees as if they are family as well. Not only does it create a pleasant working environment, but loyalty builds as well. We work lean and mean, which makes for some long days, but when you trust your employees and family, it is truly a joy.” For more information on Minuteman Press in Winter Park, FL, visit https://minuteman.com/us/locations/fl/winter-park. For Minuteman Press products and services, visit https://minuteman.com. 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

January 31, 2022 10:00 AM Eastern Standard Time

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First United States Open Registry to be Launched in Washington, DC

COPE

A landmark Revitalization Plan for US Maritime Trade, Commerce and Strategic Competition to support and assist in resolving America’s supply chain crisis, ensure maritime sovereignty and security, and revitalize maritime commerce will be launched at the National Press Club in Washington, DC on February 1, 2022, at 1:30PM with remarks by Ambassador John D. Negroponte, the first U.S. Director of National Intelligence and former Deputy Secretary of State; the Governor of the U.S. Virgin Islands, the Honorable Albert Bryan, Jr.; and President Eric R. Dawicki of the Northeast Maritime Institute. Highlights of the Plan include the formation of the first U.S. open registry, and other maritime initiatives designed to make the United States more competitive and propel it into a stronger leadership position as a maritime nation. Governor Bryan and President Dawicki will participate in the signing of a historic agreement between the U.S. Virgin Islands and Northeast Maritime Institute which features the collaboration on the development of the first open U.S. registry. Following initial remarks outlining the Revitalization Plan, there will be a panel discussion moderated by Jeremy Greenwood, a Federal Executive Fellow at the Brookings Institution’s Strobe Talbott Center on Security, Strategy, and Technology. Panel participants include Stephen Flynn, PhD, Founding Director of the Center for Global Resilience at Northeastern University, leading Homeland Security advisor under the Bush and Obama administrations, and global expert on supply chain resilience; Admiral James Watson, Northeast Maritime Institute Trustee and former Director of Prevention Policy for Marine Safety, Security and Stewardship at the United States Coast Guard and the first Director of the Bureau of Safety and Environmental Enforcement at the US Department of Interior; Captain Anuj Chopra, Co-Founder & CEO of FNI ESGPlus; Carleen Lyden Walker, Co-Founder and Executive Director of the North American Marine Environment Protection Association, and Captain John Konrad, Founder and CEO of gCaptain. Additional commentary will be provided by Nishan Degnarain, former Chairman of the World Economic Forum – Global Agenda Council on Oceans; Jonathan Kempe, Verifai Australia; and Dr. Sal Mercogliano, PhD, Campbell University. Remarks from all are expected to cover topics such as decarbonization of shipping, capital investment in new technologies, supply chain security, transparency in shipping, economic growth opportunities, the status of the U.S. maritime industry, U.S. national security interests, and more. The event will outline how implementation of the Revitalization Plan for US Maritime Trade, Commerce and Strategic Competition will provide economic stability and environmental protection, as well as revitalize the position of the United States as a major competitor in international maritime trade and commerce while enhancing national security, both domestically and internationally. A Revitalization Plan for US Maritime Trade, Commerce and Strategic Competition was developed by a team of Distinguished Fellows at the Northeast Maritime Institute – Center for Ocean Policy and Economics (COPE) and advised by an array of leading thinkers in the maritime industry. Key elements of the plan include: Formation of the U.S. Virgin Islands’ open international ship registry—the first, and only, international U.S. open ship registry. Development of a short sea transshipment hub in the Caribbean to alleviate supply chain congestion by moving a portion of east coast distribution from land to sea and increasing the number of ports importing ever-increasing quantities of goods from overseas. Build public/private/international partnerships to address strategic maritime issues, increase transparency and enforce legal and ethical standards. Establish and implement a green shipping strategy, including decarbonization of the U.S.-flagged fleet. Establishing a Maritime Venture Capital Fund to finance commercially advanced technologies that solve maritime and ocean industry problems with a focus on environmental vulnerabilities. Modernization of the maritime workforce by deploying state of the art education and training tools in the US and abroad. Additional information can be found at COPE Advanced registration to attend this event will be required for access to the live stream. About Northeast Maritime Institute Northeast Maritime Institute (also called NMI) is a private, coeducational, maritime college offering an Associate in Applied Science in Nautical Science degree. Established in 1981, Northeast Maritime Institute is the only private maritime college in the Commonwealth of Massachusetts. The college was originally established to provide an alternative to traditional education and training, with an emphasis on preparing mariners for employment. Graduates receive an Associate degree and are eligible to receive a United States Coast Guard Masters license upon graduation. The college operates a training ship, the M/V Navigator, as well as the brigantine tall ship S/V Fritha. About COPE The Center for Ocean Policy and Economics (COPE) is hosted by the Northeast Maritime Institute – College of Maritime Science: Created to tackle some of the ocean’s “wicked problems.” A culmination of years of extensive research and conversations with leading experts in the maritime and ocean related fields, COPE is a facilitator for cogent maritime and ocean policy and economic development project initiatives linking academic, corporate, non-governmental, and governmental partners to create impactful solutions. Contact Details COPE Carleen Walker +1 203-260-0480

January 25, 2022 07:51 PM Eastern Standard Time

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Volatus Aerospace Secures First Production Delivery Slot for Natilus Large Remotely Piloted Cargo Drone

Volatus Aerospace Corp.

Volatus Aerospace Corp., (TSXV: VOL) (“Volatus” or the “Company”) is pleased to announce that it has secured the first production delivery slot for the Natilus N3.8T large autonomous drone under development by Natilus Inc. of San Diego California, USA. Natilus is the leading developer of large autonomous cargo drone freighters designed to dramatically reduce both the cost and environmental impact of air freight. The Natilus N3.8T is the first in a family of next-generation freight aircraft. The twin-engine turboprop will have a maximum takeoff weight of 8,618 kg (19,000 lbs.), a maximum range of 1,667 km (1,035 miles) and is expected to carry a load of LD3 containers to a maximum weight of 3,855 kg (8,500 lbs.). Natilus integrates three specific technologies to create increased efficiencies: Blended Wing Body (BWB) design, remote-pilot operation, and standard container standardization. The Natilus N3.8T offers an estimated 60% more cargo volume than traditional aircraft of the same weight while reducing costs and carbon dioxide per pound by 50%. The aircraft has completed the second wind tunnel test and is expected to begin deliveries in 2025. "In November 2021, we announced the expansion of our existing drone services business into the drone cargo market with the introduction of the fully autonomous drones produced by Avidrone,” says Glen Lynch, CEO of Volatus. “The recent amalgamation with Partner Jet Inc. gives us the commercial infrastructure to operate drone cargo services, and the addition of Natilus aircraft establishes the long-term direction for our aviation division.” Luc Masse, Executive VP of Volatus and CEO of Volatus’ wholly-owned subsidiary Volatus Aviation (formerly Partner Jet Inc.), added: “We are already an experienced commercial air carrier with operating authorities and licenses facilitating cargo delivery using both piloted aircraft and drones. We believe the planned addition of these large autonomous drones will allow us to develop important airline partnerships within the air cargo industry.” ”Reducing the cost of airfreight by up to 50% will bring fresher produce into our stores, enable cross-border e-commerce to flourish, and enable low infrastructure regions to develop,” stated Aleksey Matyushev, the CEO of Natilus. “Natilus is uniquely capable of developing the next generation aircraft due to our understanding and presence in the drone industry and capabilities in commercial aviation. We are excited that Volatus has elected to be one of our first operators.” Volatus Aviation’s primary mission is to leverage its current business jet charter operation into drone air cargo, beginning with small package delivery and growing into regional airfreight with the addition of the remotely piloted, Natilus N3.8T in 2025. According to a recent report published by Allied Market Research, entitled, “Air Freight Market by Service, Destination, and End-Use: Opportunity Analysis and Industry Forecast, 2020–2027,” the global air freight market was valued at $270.2 billion in 2019, and is projected to reach $376.82 billion by 2027. 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. This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company 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 forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information in this news release includes, but is not limited to, information regarding: (i) the potential for Company to take delivery of a Natilus N38T large autonomous drone and the anticipated timing of such delivery; (ii) the details and potential specifications, features and benefits of a Natilus N38T large autonomous drone to the Company and its customers; (iii) the potential benefits to the Company from its recent amalgamation; (iv) the Company’s plans with respect to developing a drone air cargo business; and (v) the market statistics quoted. 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 Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. For instance, the Natilus N38T is still under development and the finished product may not have the specifications, features or benefits described and may not be involved in the time frame described if at all. Readers are referred to the risk factors associated with the Company’s business described in the Company’s management information circular dated November 14, 2021 and filed on www.SEDAR.com on November 16, 2021. 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. Unless required by law the Company does not undertake to provide updates of any forward looking information in this news release. Contact Details Volatus Aerospace Rob Walker +1 833-865-2887 rob.walker@volatusaerospace.com Natilus Inc. Debi Carpenter +1 760-390-7386 Debi@natilus.co Company Website https://volatusaerospace.com

January 25, 2022 08:00 AM Eastern Standard Time

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