• CISO looking to accelerate growth in Latin America
• NLT Secure provides a broad range of security solutions and managed services to organizations throughout South America
• Earlier this year, the company closed on the acquisition of CUATROi

As part of its strategic plan to expand into South America, Cerberus Cyber Sentinel (NASDAQ: CISO) has completed the acquisition of NLT Secure, a cybersecurity company with headquarters in Providencia, Chile, and U.S. offices in Tampa, Florida (https://ibn.fm/zhJjg); NLT Secure will become a wholly owned subsidiary of Cerberus Sentinel, a cybersecurity services firm. “NLT Secure accelerates our growth strategy into Latin America and is an excellent cultural fit,” said Cerberus Sentinel CEO and founder David Jemmett. “As cybersecurity continues to be a global challenge requiring a breadth of capabilities, NLT has made this its mission to help secure businesses and organizations. NLT Secure has partnered with our Arkavia Networks and CUATROi teams, also based in Chile, for several years and complements our combined service offerings.” Cerberus management noted that NLT Secure provides a broad range of security solutions and managed services to organizations throughout South America. “Our vision has always been to protect and guarantee the continuity of operations for our clients considering the challenging scenario of cyber threats they face every day,” said NLT Secure founder and chair Lorenzo Espinoza, who will continue in a leadership role with the company. “I want to deeply thank the dedicated team of professionals who make up NLT,” Espinoza continued. “It is thanks to their passion and commitment that we have managed to make this dream of expansion come true. I’m excited to take this step together with the incredible team of Cerberus Sentinel, with whom we share a culture and a vision.” This is the third South American acquisition announced by Cerberus Sentinel; in August, the company closed on the acquisition of CUATROi (https://ibn.fm/51IEC). A cloud, managed-services provider, and cybersecurity company, CUATROi is headquartered in Santiago and has offices in Bogotá and Lima. “CUATROi is an excellent cultural fit with the Cerberus Sentinel family of companies,” said Jemmett. “Cybersecurity is a worldwide problem that requires global capabilities to address the security demands of businesses and organizations. CUATROi has been partners with our Arkavia Networks team, also based in Santiago, Chile, for several years. They are a great addition to our growth strategy throughout Latin America.” Cerberus was designed from inception to bring talent together across cybersecurity, compliance, and remediation practice areas. Their experts span not only global geographies but also specialties, industries, regulatory frameworks, and focus areas. With the cybersecurity workforce gap growing year-over-year, Cerberus provides the expertise to accelerate their clients’ journey to cyber resiliency. With a complete set of offerings, they support their clients across cyber defense operations, strategy and risk, readiness and resiliency, and security architecture engineering. For more information, visit the company’s website at www.CerberusSentinel.com. NOTE TO INVESTORS: The latest news and updates relating to CISO are available in the company’s newsroom at https://ibn.fm/CISO

Zauben, known for its Model Z living wall concept, attended the 5th Annual Sustainability Private Capital Event on December 7-8, 2022. The event was jointly hosted by Sustain SoCal and Roth Capital Partners. Venture capitalists and investors from private equity, family offices, endowments, foundations and angels attended the conference. This two-day virtual event offered a mammoth networking and business opportunity to connect with C-level executives with established private sustainability companies, mostly series A/B, in the solar/storage, e-mobility, Smart City, circular economy and water verticals.  Winner of several prestigious awards for sustainability and innovation, Zuben’s premier product, Model Z living wall, allows businesses, organizations, and anyone to bring the beauty and benefits of outdoor greenery indoors, without worrying about maintenance. Their system incorporates hydroponic technology that uses 75% less water than plants grown in soil. It is fitted with a 1-month water tank that recirculates water, hence no plumbing or drainage is needed. The hydroponic recyclable growth medium is 10x more efficient than soil, minimizing the risk of dirt and bugs. Even the plant light setting is contoured to earth’s natural light cycle, reducing energy consumption while keeping the indoor atmosphere pleasant. In addition, Zauben monitors the living wall in real-time to ensure that it functions efficiently. The team at Zauben works to impact climate change by employing a recyclable hydroponic growth medium that is energy efficient. To learn more about the conference, please visit https://ibn.fm/0AUAF & https://ibn.fm/YBuOk. To learn more about Zauben, please visit (https://www.zauben.com/).

• UK-based Nansledan sustainable housing estate offers residential, retail, and commercial spaces, future upgrades include solar panels and electric vehicle charging stations
• GeoSolar’s SmartGreen(TM) residential and commercial energy systems make sustainable communities possible in the United States
• SmartGreen(TM) total-home energy “makeovers” comprise solar panels, geothermal ground loops, LED lighting, upgraded insulation, energy-efficient windows
• GeoSolar is conducting Regulation A+ capital raise with minimum $300 investment

While much of Europe is panicking over high energy costs and inflation, some UK residents are adapting to the changing economic environment by embracing low-carbon and low-cost residential housing estates (https://ibn.fm/ACvr7). One such project – the Nansledan – recently emerged as a model for sustainability that blends traditional design with innovative renewable energy infrastructure. Referred to as a “20-minute neighborhood”, the Nansledan has it all: room for around 4,000 homes, retail spaces, offices, community facilities, and green areas. And the best part is that most of the buildings can be upgraded with rooftop solar panels and electric vehicle charging stations. GeoSolar Technologies (“GST”), a climate technology company based in Colorado, is well-positioned to bring renewable energy technology to the United States that makes communities like Nansledan possible. The company’s SmartGreen(TM) whole-home renewable energy systems tap into the power of the sun and earth to provide heating, air conditioning, and electricity with rooftop solar panels and geothermal ground loops. The SmartGreen(TM) Home system can be adapted to nearly any type of home with options to build the system into new construction or retrofit it into existing buildings. Besides producing all the energy a home needs, the SmartGreen(TM) systems also improve efficiency through upgrades to windows, insulation, and lighting. SmartGreen(TM) Home systems also include a new electric vehicle charging station and integrated energy controls that give owners the power to view energy production and usage and monitor the air movement throughout their homes. In addition, SmartGreen(TM) provides unparalleled air filtration, recently earning top scores on the Home Energy Rating System (“HERS”) Index – the industry’s gold standard for calculating energy performance and efficiency (https://ibn.fm/ESSwc). The creation of sustainable communities is right in line with global policies – like Net-Zero – that aim to reduce carbon emissions and promote renewable energy. GeoSolar is dedicated to making Net-Zero a reality in the US by marketing the SmartGreen(TM) system to over 120 million homes. The US Securities and Commission recently qualified the company to conduct a Regulation A+ capital raise as well. For more information on GeoSolar’s Regulation A+ capital raise, please visit https://www.manhattanstreetcapital.com/geosolar-technologies-inc. For more information, visit the company’s website at www.GeoSolarPlus.com. NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST

• Event agenda for kick-off event included special announcements, new releases, trainings, giveaways and more
• Hapi Travel is a membership-based travel club designed for maximum savings on the most luxurious vacation getaways throughout the world
• Post-COVID, people are ready to experience new locations and revisit places they love

The inaugural event for Hapi Travel Destinations recently wrapped up in Dallas, introducing the traveling world to a whole new approach to travel savings as well as a unique opportunity for those looking for additional income in the gig economy. A wholly owned subsidiary of Sharing Services Global (OTCQB: SHRG), Hapi Travel Destinations is a global leader in fun-filled, one-of-a-kind travel and offers exclusive travel-club membership. The first-ever national travel event for Hapi Travel took place Nov. 11–12, 2022, and was designed to launch Hapi Travel. The event agenda included special announcements, new releases, trainings, giveaways and more (https://ibn.fm/ozek4). “We are excited to host this event for our newly launched company and its amazing travel platform,” said SHRG CEO John “JT” Thatch. “People are traveling again in record numbers and are looking for the best value when enjoying their vacations or long weekend getaways.” Sharing Services unveiled Hapi Travel Destinations in September, noting that the unique membership-based travel club was specifically designed for travelers to enjoy maximum savings and travel perks on the most luxurious vacation getaways throughout the world while also saving money on ordinary daily personal or corporate travel (https://ibn.fm/1PxH7). “Our timing could not be better,” said Hapi Travel VP Dave Dove. “After two years of social distancing and limited travel, people are ready to get out and experience new locations and revisit the places they love. Unfortunately, the rising costs of travel now make this difficult for the average family. Our unique memberships are tailor-made to give access to deep savings for weekend getaways, resort vacations, business travel, flights and hotels. We back this program with a 110% guarantee.” Hapi Travel Destinations is a travel club designed for a wide array of travelers. Club members can live their dreams with discounts on hotels, resorts, cruises and condos, plus extra savings on car rentals, activities, flights and shopping. Sharing Services Global Corporation is dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct-selling sector and other industries. The company’s combined platform currently leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors. For more information, visit the company’s websites at www.SHRGInc.com and www.TheHappyCo.com. NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

• Brian Haugli, with extensive experience in the field of cybersecurity, having led key programs for the Department of Defense, the Pentagon, and Fortune 500 companies, discusses the growing cybersecurity needs of small business, and the new technologies that now make such security far more accessible and affordable
• SMBs face, on average, 11 cyberthreats a day, with over 70% of SMBs facing cyberattacks, and 60% being put of business within six months after an attack
• SideChannel vCISOs (Virtual Chief Information Security Officers) make the highest quality cybersecurity expertise available for significantly less than the cost of a full-time CISO, representing 400-plus years of experience in cybersecurity and a bespoke cybersecurity program perfectly sized for growing enterprises

The cybersecurity market revenue is projected to reach over $156 billion in 2022, driven by the increased need for solutions that protect companies from threats of malware, ransomware, and vulnerabilities that let malicious characters infiltrate critical systems. This revenue is expected to grow at a CAGR of 10.92%, resulting in a value of over $262 billion by 2027 (https://ibn.fm/wE6KB). On the Cloud Security Reinvented with Andy Ellis podcast (https://ibn.fm/KV6vv), Ellis talks with Brian Haugli, managing partner and CEO at SideChannel (OTCQB: SDCH). In the episode titled “How to Let Go of the ‘Gotcha’ Mentality in Security with Brian Haugli,”  Haugli and Ellis discuss the necessity for cybersecurity and how small-to-mid-market companies are in need of solutions to accommodate the increased threats to technological systems. According to Haugli, there are hundreds of thousands of companies, outside the Fortune 2000, that require diligence on what their security program looks like, and the question is always who can lead such an assessment and whether they can afford it. “The market is actually very hot when it comes to this space. We’ve grown tremendously over the last two-plus years, and it’s an area that people are genuinely looking at,” Haugli explains. “It’s not just because of what’s in the news but also because people are realizing, ‘Hey, we should be doing our own diligence and security practices the same way we put wrappers and guidelines and posts around financials and sales and marketing.'” Small and medium-sized businesses (“SMBs”) face, on average, 11 cyberthreats a day. A BlackBerry report shoes that over 70% of SMBs have faced cyberattacks, and 60% are put out of business within six months. In 2020, during the height of the pandemic, there was a 600% increase in cybercrimes, with 667 million new malware detections worldwide. BlackBerry estimates that an additional four million cybersecurity experts are needed globally to help mitigate the growing number of digital attacks (https://ibn.fm/D1SLT). SideChannel’s mission is to simplify cybersecurity for SMBs by matching them with highly experienced information security officers at a cost lower than building an in-house security team or hiring a full-time chief information security officer (“CISO”). The company’s team of virtual CISOs (“vCISOs”) possess a combined 400-plus years of experience in cybersecurity and lends this talent to clients, creating value in the form of a bespoke cybersecurity program perfectly sized for growing enterprises. The experience that Haugli has amassed includes leading programs for the Department of Defense, the Pentagon, and Fortune 500 companies. He is an expert on the National Institute of Standards and Technology guidance, threat intelligence implementations, and strategic organizational initiatives. Haugli is a professor at Boston College, Woods College of Advancing Studies Master’s Program in Cybersecurity and is a contributing author for the Wiley book ‘Cybersecurity Risk Management.’ On the podcast, Haugli also underlined that ease of use is a priority (and future) of technology. “These seem like simple things, but you know how people interact with apps and everything,” he said. “That is how people are operating and interacting with technology. We need to move those types of technologies to look and feel like that because that’s what people are comfortable with, and the more people are comfortable with it, the less they’re questioning the technicalities. So it’s just ease of use.” For more information, visit the company’s website at www.SideChannel.com. NOTE TO INVESTORS: The latest news and updates relating to SDCH are available in the company’s newsroom at https://ibn.fm/SDCH

• Epilepsy affects one in every 26 people globally, with as many as one million ED visits, 280 hospital admissions, average hospital stays of 3.6 days, and an aggregate hospital cost of approximately $2.5 billion annually
• With its severity, prevalence, and overall cost implications, Lexaria is looking to offer an alternative option with its patented DehydraTECH(TM)-CBD
• Its recent animal seizure study, EPIL-A21-1, showed DehydraTECH-CBD to be equally or even more effective at lower doses than Epidiolex, one of the world’s leading anti-seizure medications and the world’s only commercially approved CBD-powered anti-seizure drug
• Lexaria looks to build on the findings so far to establish a better understanding of DehydraTECH-CBD for the potential treatment of seizures, a market projected to be valued at $16.6 billion by 2031

According to the Epilepsy Foundation, epilepsy is the fourth most common neurological condition globally, affecting one in every 26 people. About 48 out of every 100,000 people are diagnosed with the condition every year, and as of 2019, it affected approximately 50 million people (https://ibn.fm/O0Nms). With the condition leading to as many as one million emergency department (“ED”) visits and over 280,000 hospital admissions, it attracts average hospital stays of 3.6 days for the patients, with an aggregate hospital cost totaling approximately $2.5 billion annually (https://ibn.fm/sy7ba). Given the severity, prevalence, and overall cost implications associated with this condition, there is a dire need for treatment options that are not only effective but also affordable. Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, seeks to meet that need with its patented DehydraTECH(TM)-CBD. In a recent animal seizure study, EPIL-A21-1, designed to establish whether DehydraTECH-CBD could provide similar seizure-inhibiting efficacy at lower doses than that required with Epidiolex, Lexaria’s technology proved to reduce or even eliminate seizure activity in animals. In some cases, it also surpassed the performance of Epidiolex, one of the world’s leading anti-seizure medications. Epidiolex is also the world’s only commercially approved CBD-powered anti-seizure drug. However, in the study, Epidiolex seemed more effective at higher doses compared to DehydraTECH-CBD (https://ibn.fm/KT1cB). Lexaria is always searching for the lowest possible efficacious dose levels of the drugs it formulates with DehydraTECH in order to minimize adverse side effects.  At lower doses of 50 mg/kg and 75 mg/kg, DehydraTECH proved to be more efficacious than Epidiolex in reducing or eliminating seizure activity, with complete elimination of seizure activity in 66.6% of the animals compared to 50% of Epidiolex-treated animals. The company looks to build on the findings so far to better understand DehydraTECH-CBD for the potential treatment of seizures, a market, projected to be valued at $16.6 billion by 2031, up from $10.6 billion in 2021. Lexaria is still considering the optimization of its DehydraTECH-CBD formulation for the reduction or overall elimination of seizure activity and is proud of the progress made thus far. The success of this study adds to the company’s successful streak, with recent positive developments in its hypertension human clinical study program, along with dementia and diabetes studies that kicked off in November. For more information, visit the company’s website at www.LexariaBioscience.com. NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://ibn.fm/LEXX

Veloce Energy participated in the 5th Annual Sustainability Private Capital Event on December 7-8, 2022 presented jointly by Sustain SoCal and Roth Capital Partners. Venture capitalists and investors from private equity, family offices, endowments, foundations and angels attended the event. Due to factors like high utility connection costs, high utility demand charges, and costly antiquated construction methods, EV charging stations are often un-profitable and take far too long to be deployed. Veloce Energy’s FastGrid software and hardware platform helps eliminate these barriers through its:

• Modular and scalable approach
• Integrated architecture
• Installation techniques
• Integrated resilience

By incorporating the above dynamics, Veloce Energy is focused on mitigating the impact of climate change by reducing carbon emissions, eliminating costs, integrating systems and increasing the profitability of EV charging stations. At the 5th Annual Sustainability Private Capital Event, Veloce Capital presented its novel and innovative ideas for the EV Charging Industry to inform, discuss, and facilitate businesses with industry experts and potential investors. The team at Veloce Energy is positively and dramatically impacting climate change by accelerating the electrification of transportation through technological and business model innovation in EV charging. This two-day virtual event offered a mammoth networking and business opportunity to connect C-level executives with established private sustainability companies, mostly series A/B, in the solar, storage, e-mobility, Smart City, circular economy and water verticals. To learn more about the conference, please visit https://ibn.fm/0AUAF & https://ibn.fm/YBuOk. To learn more about Veloce Energy, please visit (www.veloceenergy.com).

• Industries and governments worldwide have been battered in recent years by the fallout from the COVID pandemic and the war in Ukraine as it pertains to energy access and climate change
• Global industries are pursuing distributed energy resource (“DER”) micro-networks for providing a more localized power infrastructure reliant on carbon-free renewable energy
• North America-based Correlate Infrastructure Partners Inc. is a clean energy solutions innovator that works with clients on reducing their carbon footprint through smart energy utilization decisions and project financing
• Experienced leadership, such as the fiscal management provided by CFO Channing Chen, who was recently featured in a company spotlight, has helped CIPI to augment its financial successes, including record revenues reported during the most recent quarter and one of the largest behind-the-meter solar installations in the United States for global stored energy solutions leader EnerSys

A wide variety of industries have suffered economically through the global COVID pandemic’s impacts on workforces and then the global supply chain difficulties made manifest as a result of Russia’s war with Ukraine. At the same time, severe weather and the further anticipated effects of climate change have raised alarm about impacts on the conditions of livability for humanity globally during the coming decades. “For energy access and climate change, 2022 has been a year of reckoning. These interlocking crises are impacting billions of people and the need to act is clear,” Intel Chief Commercial Officer Christoph Schell wrote in a recent column for the World Economic Forum. “The energy grid is where these crises meet, and the creation of a smart grid is vital in delivering energy resources in the face of supply disruptions while optimizing usage for a healthier planet” (https://ibn.fm/wq3bc). Impetus to develop a smart grid involves efforts to help energy access evolve from single primary source utilities distribution to highly distributed networks of clean renewable energy deployed at the edge of the existing grid in which “energy flows omnidirectionally both to and from the source of generation … and the entire system is balanced for intermittent energy sources like solar and wind in real-time.” Such distributed energy resources (“DER”) would favor more localized microgrids of energy sources rather than large regional distributors (https://ibn.fm/WWiqc). The U.S. Department of Energy (“DOE”) anticipates the technical potential of DER like rooftop solar, batteries, electric vehicles, and flexible industrial and building loads like smart water heaters and heat pumps could drive the evolution of energy grids and help industries around the world find manageable solutions to the energy access and climate change concerns (https://ibn.fm/4M2QV). Correlate Infrastructure Partners (OTCQB: CIPI) is a distributed energy solutions provider helping businesses in the commercial real estate industry adopt localized DER and find any necessary financial aids to fulfill their environmental, social and governance (“ESG”) strategies. Correlate Infrastructures recently reported a contract for one of the largest behind-the-meter solar installations in the United States, a 3.8 megawatts project at the Pennsylvania headquarters of global stored energy solutions leader EnerSys (https://ibn.fm/94S3m). The expertise of CIPI’s leadership team is providing the foundation for the company’s success, and CIPI turned a spotlight this month on its chief financial officer, Channing Chen, who first launched into the clean energy sector when he joined Solar Power Partners (now part of NRG Energy) nearly two decades ago. “With years of experience leading institutional financing initiatives at SPP, SunEdison and NRG Energy, I felt well-suited to leverage my finance and deal expertise with a more strategic focus (at Correlate Infrastructure Partners)”, Chen stated in the Dec. 5 interview (https://ibn.fm/LLCjg). “Specifically, I oversee all aspects of accounting and finance, investor relations, SEC reporting, and project finance, along with capital raising and negotiating corporate development transactions.” Chen stated a core element of his job is to make sure the right people are in place to help the company do things more efficiently and more cost effectively than its competitors. With $370 billion from the federal government dedicated to decarbonization efforts through the Inflation Reduction Act passed earlier this year, the DER solutions industry has “the biggest tailwind … ever” for its aims, he said. For company information, visit the company’s website at www.CorrelateInfra.com, including the following:

• Breaking Down Barriers To Your ESG Goals While Generating Additional Net Operating Income: www.CorrelateInfra.com/our-process
• Platform Generates New Rent And Operating Income, Allowing You To Meet Your ESG Goals: www.CorrelateInfra.com/program

NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

• John Climaco, CNS’s CEO, has lauded the company’s progress in Q3 2022, noting the successful expansion of its pivotal Berubicin trial into Europe within the quarter
• The company hopes to address the unmet need associated with GBM treatment with its lead drug candidate, Berubicin, trusting that the expansion into Europe will be integral to achieving interim analysis by mid-2023
• CNS looks to build on the successful patient enrollment and dosing in France, which brings its operational tally to 29 of 68 clinical sites enrolling patients across the United States and Europe, as it works toward interim analysis of clinical trials in mid-2023
• Through its research, CNS looks to tap into the brain tumor therapeutics market, which is expected to be valued at $3.4 billion by 2025, up from $2.25 billion in 2019

On September 30, 2022, CNS Pharmaceuticals (NASDAQ: CNSP), a clinical-stage biotechnology company specializing in the development of novel treatments with a focus on brain cancer, Glioblastoma Multiforme (“GBM”), and neuro-oncology, released its financial results for the third quarter of the 2022 financial year (“Q3 2022”). While making the announcement, John Climaco, CNS’s CEO, lauded the company’s progress, highlighting the successful expansion of its pivotal Berubicin trial into Europe within the quarter. He further noted how the move was integral to the company achieving interim analysis by mid-2023 which, he believes, will be a transformational milestone (https://ibn.fm/HtX2Y). CNS has, since its inception, shown its commitment to solving the unmet need associated with the treatment of GBM. This condition affects approximately 13,000 people in the United States each year. It is estimated that up to 50% of original malignant tumors of the central nervous system (“CNS”) are glioblastomas, with diagnosed patients having an average time of about a year after diagnosis and only 10% or less surviving to five years (https://ibn.fm/MXDZt). Despite this prevalence, treatment options for GBM are scarce, and CNS hopes to address this with its lead drug candidate, Berubicin. Regarded as an innovative first-in-its-class anthracycline to appear to cross over the blood-brain barrier and kill tumor cells as a potential treatment option for GBM, Berubicin has shown great promise in the clinical trials conducted thus far. For example, at least 44% of patients in a recent clinical trial showed a clinical response, with one demonstrating a lack of detectable cancer cells following the study (https://ibn.fm/d8TMM). As it works toward interim analysis of clinical trials in mid-2023, CNS looks to build on the successful patient enrollment and dosing in France, which, so far, brings its operational tally to 29 of 68 clinical sites enrolling patients across the United States and Europe. The company also looks to build momentum to advance its program across the finish line. “This expansion into Europe drives us toward our goal of interim analysis, expected in mid-2023, which we believe has the potential to be (a) transformational milestone. Moving forward, we are focused on building momentum and advancing this important program across the finish line,” noted Mr. Climaco (https://ibn.fm/55kqY). Mr. Climaco emphasizes that CNS’s focus and priorities are firmly anchored in advancing its clinical development for Berubicin to bring meaningful treatment to GBM patients. He further notes that this focus is driven by a significant unmet need, particularly given that recurrent GBM does not have an “approved therapy anywhere in the world.” Through this research, CNS inches closer to tapping into the brain tumor therapeutics market, which is expected to be valued at $3.4 billion by 2025, up from $2.25 billion in 2019. In addition, it looks to offer a potentially viable solution to GBM, a condition that currently affects as many as 5 out of every 100,000 individuals (https://ibn.fm/4uAJg). For more information, visit the company’s website at www.CNSPharma.com. NOTE TO INVESTORS: The latest news and updates relating to CNSP are available in the company’s newsroom at https://ibn.fm/CNSP

• Nearly all automotive OEMs have plans to include lidar sensors within their assisted and automated driving platforms
• Gaining public trust in the ability of vehicles to operate safely while providing automated driving features will be a key milestone for widespread adoption
• L2+/L3 ADAS is likely to be an enabler as it helps ease the public with broader hands-free functions while maintaining the ability to take over as needed
• Cepton’s lidar sensors are uniquely positioned to benefit from these core industry growth trends and the Company remains committed to delivering superior driving experiences with added safety and convenience

Automotive OEMs have made headlines recently for accelerating their commitment to hands-free driving. Ford announced during its third quarter earnings release this year that they intend to focus on developing L2/L3 ADAS capabilities and Honda also announced plans to include hands-free features as standard in all their cars by 2030. Given these developments, drivers, and the broader public need to develop trust in next generation automotive technology starting with the assurance that their safety won’t get compromised. Companies like Cepton (NASDAQ: CPTN), an innovator within the lidar industry aiming to enhance road safety through the development of next generation ADAS technology, could become key in winning the race to wider public acceptance of driverless cars. The Company remains committed to safe and autonomous transportation for everyone as it works toward delivering lidar solutions that are reliable, efficient, and versatile. The statistics paint a rather grim picture of American road safety. In 2020, around 2.3 million people were injured in traffic accidents, while 38,824 people were killed on U.S. roads (https://ibn.fm/uljlh). Human errors are a leading cause of these accidents. However, despite its potential to turn this grave reality around, the promise of autonomous vehicles – to make driving safer by reducing and/or eliminating human errors – still has work to accomplish to gain widespread public acceptance. Recent research shows that many people still don’t feel safe in fully self-driving cars. More specifically, only 27% of the global population believes they would be safe in them (https://ibn.fm/XeO53). Car manufacturers may believe that drivers are ready for a self-driving future, but some drivers are concerned self-driving technology isn’t ready or mature enough. For example, an AAA survey published earlier this year reported that an astonishing 77% of responders want car manufacturers to focus on improving currently available ADAS systems in new vehicles (https://ibn.fm/I6cGI). This is an area in which Cepton can shine since their initial focus has been around creating products to enable higher levels of ADAS at a price point that promotes mass market adoption. Since fully self-driving technology and related roadway infrastructure / regulations need time to be developed and approved, ADAS remains a top priority for automakers. ADAS aspires to automate and enhance the driver experience and provide a safer journey by helping with monitoring, alerting, braking, and steering. It is designed to handle elements of the driving experience, aiming to reduce driver error by stepping in if the driver makes a mistake, and helps make driving much more convenient. But to be able to help drivers navigate and respond to potential hazards on the road, ADAS technology must win their trust – and for this, it needs to be accurate and work in a consistent way. False alarms, lack of clarity over what triggers alerts, or the system’s failure to react can all hinder drivers’ confidence in this essential technology. Cepton believes that improving the ADAS experience for today’s drivers by giving them a stronger sense of safety is essential to preparing our society for a future where a fully assisted vehicle is everywhere. The Company’s high-performing lidar technology can be seamlessly integrated into the vehicle and strives to achieve the highest levels of accident prevention. Designed to create a precise 3D map of a vehicle’s surrounding environment, Cepton’s technology can enable cars to perceive hazards and make decisions with greater certainty (https://ibn.fm/VVUtg). Cepton continues to make strides in terms of building driver confidence and next-generation sensor technology. For example, Cepton recently announced that it is collaborating with NVIDIA to add Cepton lidar models into NVIDIA DRIVE Sim™, in which the company aims to advance the development of lidar-based assisted and autonomous driving functionalities for all customers in various classifications (https://ibn.fm/JwMFn). Cepton works to enable safer roads today and in the future. ADAS could be the key differentiating feature among automotive brands that compete in the crowded automotive space and car makers that place safety before autonomy could be the ones that win the race toward a self-driving future. For more information, visit the company’s website at www.Cepton.com. NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN