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Golden Matrix Group Inc. (NASDAQ: GMGI) Rides Growing iGaming Wave with Record-Breaking Revenues, Market Expected to Double by 2027

  • iGaming market expected to double from $173 billion to over $340 billion by 2027
  • GMGI recently posted record-breaking Q3 revenue results, 16 non-stop profitable quarters
  • GMGI’s industry-standard GM-Ag System provides access to 10,000+ games, simplifies payment options, leverages data analytics to provide total 360-degree performance visibility
The iGaming market continues its rapid pace of growth with expectations it will double from $173 billion to over $340 billion by 2027 (https://ibn.fm/8JO3m).  Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms and systems, continues to ride the rising wave of industry growth with non-stop consecutive profitable quarters and record-breaking quarterly revenues (https://ibn.fm/AATls). “Our ability to generate increasing revenues with quarter-after-quarter of profitability attests to the strengths of our B2B and B2C platforms,” said GMGI CEO Anthony Brian Goodman. “Because of the highly competitive nature of our industry, we are continually upgrading our systems and gaming content offerings to support the needs of our millions of participants.” iGaming is a diverse industry comprising numerous forms of online gambling, including regular online casinos, poker rooms, e-sports betting, crypto casinos, and binary trading. Factors contributing to industry growth are linked to the increased availability of smartphones, laptops, and virtual reality headsets. In addition, Covid-19 pandemic restrictions catalyzed industry expansion by driving people to online activities when government mandates forced casinos and other entertainment venues to close. Casino aggregator platforms additionally fuelled industry growth by reducing barriers to entry and easily connecting operators to suppliers, payment systems, and gaming content. GMGI’s next generation GM-Ag System – the industry standard – provides access to 10,000+ games while simplifying payment options via seamless integrations with third-party platforms and digital wallets. GM-Ag additionally supports all major currencies, offers multiple language options, and can be accessed by any major operating system on any device with an internet connection. The platform also features AI-based tools that help operators derive maximum revenue from each player, and data analytics that enable complete 360-degree performance visibility. “The GMX-Ag (aggregate) platform, which provides numerous features to benefit both operators and their players, continues to gain traction, even outside our traditional markets,” said Goodman. “Additionally, on the B2B side, we provide our operators with the marketing tools they need to strengthen their customer acquisition and retention.” Based in Las Vegas, Golden Matrix is an established gaming technology company that currently supports over 645 operators and 6.8 million players in its B2B business, and over 229,000 players in its RKings B2C segment. With a proprietary portfolio of highly modular, configurable, and scalable AI-powered gaming platforms, GMGI is strongly positioned to lead the hyper-growth iGaming industry. For more information, visit the company’s website at www.GoldenMatrix.com. NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

DGE 6th Digital Strategy & Innovation For Medical Affairs Summit

Life science and health care professionals, as well as consumers, are invited to attend the 6th Digital Strategy & Innovation for Medical Affairs Summit on November 2-3, 2022. Participating pharma and medical companies can learn how to streamline their medical department affairs using innovative digital transformation policies that experts share and discuss at the DGE event. The event is organized by Dynamic Global Events (“DGE”), a leading life science B2B event organizing company. The 6th Digital Strategy Summit is the largest event devoted to the medical industry that is being streamed live on an established interactive platform. The event will witness life science experts of global acclaim sharing a common platform at the symposium. They will offer valuable advice on successfully employing digital strategies to stay relevant. The evolving landscape of the medical arena owing to COVID-19 makes it essential to design futuristic digital marketing strategies. Attendees can benefit from an all-access ticket to three DGE events. Register for DGE’s 3rd Next-Gen MSL Excellence or the 2nd Investigator-Initiated Trials Summit, and attend sessions from any of the events. The featured discussions at the Summit:
  • Harness the potential of novel technologies for better growth and development
  • Improvise the regulations for accommodating digital health practices
  • Learn about new avenues to engage with stakeholders
  • Design-customer centric strategies
  • Engage audiences effectively using media and messaging
  • Best practices for cross-functional collaboration among teams
  • Robust social media strategies for expanding outreach
  • Learn new ways to shape omnichannel outreach
As patients get access to multiple channels of medical and scientific information, every medical affairs team has to stay updated with the new technologies and evolving marketing strategies. Biotech, pharma, and life science organizations, must all evolve and look for new ways to engage the audience. Experts will speak about the importance of Real World Evidence and how it can be a game-changer in benefitting the organization as a whole. Multichannel digital strategies by small and mid-size companies can play a pivotal role in disease state education and clinical trial awareness for stakeholders, especially in the case of rare diseases. Learn strategies and tips for digital innovation to ensure that data reaches the stakeholders as and when they need it. Also, discover new publication amplification strategies to increase visibility and engagement. To learn more, please visit https://ibn.fm/2MrTz.

DX3 USA 2022 – The Retail, Marketing and Technology Event Forays Into US Territories

Join thought leaders and dignitaries from the retail, marketing, and tech industries, as they offer important insights, with workshops, on how the retail and marketing sector should embrace the evolving technologies. Discover innovative solutions at the DX3 USA 2022 on October 3-4, 2022, being live streamed as a live streaming virtual event. DX3 is a leading event management enterprise organizing conferences and trade shows that bring industries, executives, and professionals from the retail, marketing, and technology fields together in a common forum. Having proven its mettle in Canada for 11 years, DX3 now enters the US markets to define, understand, and share innovations and technologies for the retail segment. Marketing and technology have a mammoth role to play for the successful implementation and growth of retail businesses. At the DX3 event, industry experts will preside over keynote sessions and offer their views and knowledge on the strategies, tools, and tactics needed for retail success. They will host panel discussions where participants can share their views and ask questions about the roadblocks they face in their retail businesses. Connect and interact with thought leaders as they become candid about their innovative solutions that focus on growth, business transformation, and efficiency. The DX3 has an illustrious lineup of alumni from Fortune 500 companies such as Walmart, McDonald’s, and Starbucks, and budding start-ups that have to build a name for themselves, including Shopify. From giant companies to newbies trying to establish their foothold in the retail world, all are a part of the DX3 group. DX3 channelizes its focus on growing mid-sized retail businesses that range from $50 million – $500 million in revenue. The leading event and conference organizer offers a productive and comfortable networking platform where businesses can connect with vendors, sponsors, investors, along with inspirational speakers waiting to share their knowledge. As retail progress has become nearly impossible without technology, attendees can utilize this forum to learn the intricacies of the trade as they switch to eCommerce, digital marketing, and other tech-driven tools for successful business. The president and CEO Hifazat ‘Faz’ Ahmad, has been working for the last 18 years towards managing and growing business conference organizations across three continents. Managing the sales and the sponsorship wing is Patty, her extensive sales experience includes broadcast, print, online, event planning, cross-promotions and sponsorships. To learn more, please visit https://ibn.fm/wOD2r.

Rising Mortgage Lender REZYFi, Inc. Weathering Difficult Economy with Plans for Nationwide Expansion, Cannabis Industry Lending in Coming Months

  • REZYFi, a Miami-based mortgage lender, servicing traditional and non-traditional loans, is expanding its operations as part of a strategy to weather recent interest rate-affected market challenges
  • REZYFI’s two wholly owned subsidiaries, REZYFi Lending and ResMac Inc., work through a network of independent brokers and proprietary technology to service home owners as well as corporate clients
  • REZYFi expects to grow from more than 30 states where it is licensed to holding a licensing in every state
  • The company is also preparing to launch a high-margin cannabis commercial real estate lending division later this year
Emerging mortgage lender company REZYFi (stylized as “RZFI”) is building toward a planned launch for its product, which targets hard-to-finance lending markets in addition to traditional real estate consumers and includes a developing proprietary technology that will underscore its economy in turnaround time and staffing. Housing prices rose at a record 43 percent appreciation during the height of the pandemic as the U.S. workforce reconsidered career priorities and quality of life issues, often seeking greener pastures with the hope of greater remote work opportunities (https://ibn.fm/LPcDB). But in recent weeks, the market has entered the beginnings of a correction — spurred largely by ongoing inflationary concerns and the Fed Reserve’s efforts to curb it by raising interest rates (https://ibn.fm/5j57s). As a result of the economic pressures, a number of mortgage lenders have gone bankrupt, particularly among non-qualified (non-QM or NQM) lenders that cater to businesses and consumers that struggle to get a qualified mortgage loan (https://ibn.fm/HJFN0). REZYFi’s 100 percent-owned subsidiaries — REZYFi Lending and ResMac Inc. — have felt the pressure as well, but are emerging as models of how companies can survive and emerge stronger. “We’re not the most expensive, and we’re not the least expensive lender. We really pride ourselves on delivering execution and service, really not getting into the price battle, because we’re not a large company with a large balance sheet that can buy down prices and compete on price,” ResMac’s Chief People Officer Evan Tullos told HW Media this month (https://ibn.fm/FYaCw). Tullos noted the company’s efforts to manage efficient staffing levels and expand its products and services into more commercial markets as part of its growth strategy. A significant segment of the commercial market is state-licensed operators in the cannabis industry, which have long struggled to obtain traditional loans and other banking services despite the boom they’ve enjoyed in recent years as state-by-state legalization efforts have advanced (https://ibn.fm/HNib7). RZFI plans to launch a high-margin cannabis division later this year, during its Q4 reporting period, further signs of its expectations for its growth strategy. The company is licensed in more than 30 U.S. states and expects to expand to all remaining states. The company has invested heavily in designing, building and implementing proprietary automated/machine learning technology to increase efficiencies and improve its outcomes, making it possible to operate its legacy business at staffing levels “meaningfully below those of its competitors,” according to the company. For more information, visit the company’s website at www.REZYFi.com. NOTE TO INVESTORS: The latest news and updates relating to REZYFi are available in the company’s newsroom at https://ibn.fm/REZY

Odyssey Health, Inc.’s (ODYY) Brain-Related Drug Development Programs Taking Aim at Conditions with High Unmet Clinical Needs

  • Odyssey is a medical company focused on products that offer clinical advantages to unmet clinical needs
  • Its brain-related drug development programs are currently focused on treatments for concussion and the Niemann Pick Type-C (“NPC”) disease, both of which do not currently have approved treatments
  • The company is also developing medical devices such as the intranasal drug delivery device, CardioMap, and Save-A-Life
Scientists and specialists describe concussion, which is also referred to as mild traumatic brain injury (“mTBI”), as a spectrum. On the one hand, some concussed patients fully recover and do not require medical intervention or attention; on the other, some patients experience consequences, with some lasting for a prolonged period (https://ibn.fm/Z45JF). This variability underscores the fact that every brain injury develops differently, a fact that has previously somewhat impeded treatment development. In fact, there is currently no FDA-approved drug for concussion. However, organizations such as Odyssey Health (OTC: ODYY), a medical company focused on unique, life-saving medical products that offer clinical advantages to unmet clinical needs, are exploring different approaches that may birth a treatment. Odyssey’s approach focuses on minimizing or eliminating the effects of a blow or jolt on the brain. This has led to the development of a fully synthetic, non-naturally occurring neurosteroid known as PRV-002, intended to treat mTBI. Designed to be administered within a few minutes of a concussive episode, PRV-002 induces an intracellular steroid receptor in brain cells, with the stimulation of this receptor activating multiple gene response elements that promote transcription of anti-inflammatories, antioxidants, and efflux channels that remove excess fluid and debris. To put it simply, PRV-002 is intended to reduce swelling, oxidative stress, and inflammation in the brain, and restore proper blood flow to the brain, effects that often arise from mechanical injury to the brain. Moreover, this drug candidate is intended to avoid drug-induced fatigue or cognitive decline linked to prolonged use and the drug weakly activates the progesterone receptor, avoiding such side effects as infertility or clotting. Odyssey is currently undertaking a Phase I study that seeks to evaluate the safety and tolerability of the drug candidate among healthy volunteers. Thus far, the results have evidenced that PRV-002 is safe and well tolerated, even among subjects who received multiple doses (https://ibn.fm/TLWCl). Next, the company is planning a Phase II trial, which is expected to be undertaken in military training camps, where cases of concussion are common. “It’s time to find a treatment for concussion that expedites the return to work, play, school, and military duty; a treatment that can reduce the likelihood of long-term disease. Better helmets and rule changes can assist but will not prevent concussion,” Odyssey writes in a white paper (https://ibn.fm/6sv2T). “However, if the Odyssey drug candidate can reduce the pathological cascade of molecular events that occur in the acute phase of the injury, a substantial improvement in patient outcomes can be achieved in athletic and military settings as well as other commonplace occurrences for concussion.” In addition to the PRV-002 drug candidate, Odyssey’s drug development pipeline also includes PRV-001, a first-in-class neurosteroid for the treatment of Niemann Pick Type-C (“NPC”) disease. NPC is a rare “autosomal recessive, lysosomal storage disorder characterized by accumulation of cholesterol and gangliosides in the brain and liver.” It is linked to neurological dysfunction with symptoms such as seizures, psychotic episodes, progressive dementia, motor impairment, and visual palsy, just to name a few. Unfortunately, there is no effective treatment for this lethal neurodegenerative disease (https://ibn.fm/5GXrs). Odyssey is also developing medical devices: the breath-propelled intranasal delivery device designed to deliver PRV-002; CardioMap, a heart monitoring and screening device for early detection of coronary artery disease; and Save-A-Life, a handheld choking rescue device. For more information, visit the company’s website at www.OdysseyHealthInc.com. NOTE TO INVESTORS: The latest news and updates relating to ODYY are available in the company’s newsroom at https://ibn.fm/ODYY

Coyuchi Inc. Is ‘One to Watch’

  • All Coyuchi products begin with 100% organic fibers and a traceable supply chain
  • Coyuchi achieved 26% sales revenue growth in calendar 2021 over 2020
  • Coyuchi is profitable and growing; for the year ended December 31, 2021, the company had net income of $1.4 million on sales of $33.3 million
  • Coyuchi has filed an SEC Regulation A Offering Statement with the intent to offer shares for sale
  • The overall U.S. market for home textiles is currently worth $25 billion annually, and, with a forecast annual growth rate of 5%, it is expected to reach $30 billion by the end of 2025
  • Coyuchi has over 30 years of experience in the sustainable luxury home goods space with a strong brand presence and unique product design
Coyuchi is the gold standard in sustainable luxury home goods. The company offers sustainably produced luxury organic bedding, sheets, towels, apparel, and other home goods for the environmentally conscious home. With a timeless, coastal-inspired aesthetic, Coyuchi uses only 100% organic cotton materials to manufacture all of its textiles. The company was built upon four foundational pillars: protect the planet, innovate circular design, live sustainably, and enrich the community. These guiding principles have proven an effective market strategy. In 2021, Coyuchi earned $33.3 million in net sales, amounting to 26% YoY growth (the industry average is only 5%). It also experienced 2x customer growth to 200,000 active customers, averaging a 35% customer repeat purchase rate. With a seasoned leadership team, a robust e-commerce shopping experience, and a healthy customer base that drives the fast-growing organic luxury market, Coyuchi is prepared to propel a new phase of growth as the rest of the world finally awakens to sustainability at scale. A Lucrative Market Ripe for the Taking The global market for organic bedding, which was estimated at $814.3 million in 2020, is projected to reach $1.1 billion by 2027, growing at a CAGR of 4.9% over that period, according to Research and Markets. More specifically, the domestic organic bedding market is estimated at $240.1 million in 2020, according to Statista. Overall, the U.S. market for home textiles is currently valued at $25 billion annually, and, with a forecast annual growth rate of 5%, it is expected to reach $30 billion by the end of 2025. Grand View Research reported in 2020 that shifting consumer preference toward high-end lifestyle products is a key factor driving the growth of the organic bedding market. Seventy-four percent of consumers are willing to pay more for sustainable products – a consumer preference that has steadily increased over the last few decades. Millennials especially favor ethical consumption over price when purchasing goods and services, with 83% of millennials reporting that they want the brands they purchase from to align with their beliefs and values (https://ibn.fm/PANNV). With a majority millennial customer base, Coyuchi is poised to capitalize on this trend. Industry Defining Sustainability Practices For 30 years, Coyuchi has explored organic farming and sustainable textiles and guarantees the highest environmental and ethical standards through a number of certifications such as The Global Organic Textile Standard (“GOTS”), Fair Trade Certified, and MADE SAFE(R). Coyuchi continues to push the organic textile market forward through its circularity initiatives and by supporting cross-industry sustainability advocates. Coyuchi’s mission to bring beauty and comfort to every home without sacrificing the health of our planet has resulted in a number of important sustainability checks and balances.
  • A Circular Business Model: Coyuchi has cultivated a holistic 360-degree approach that contributes to the fight against climate change with its take back and recycling program, 2nd Home(TM). In 2017, it became the first luxury home brand to implement such an initiative, and, since then, the company has eliminated 68,758 lbs. of toxic chemicals from homes and renewed 6,000 lbs. of textiles.
  • The Coyuchi Climate Council: In early 2022, Coyuchi introduced a cross-disciplinary council with a goal of Net Zero Emissions by 2025 and Net Positive Emissions by 2030. The Coyuchi Climate Council brings together influential minds across fashion, regenerative farming, and sustainability who have the knowledge and experience necessary to achieve climate change.
  • C4: The California Cotton & Climate Coalition: Most recently, Coyuchi announced it is a founding member of C4, which includes innovative, sustainable fashion, apparel, and personal care brands like MATE the Label, Outerknown, Reformation, and Trace. Working together pre-competitively, C4 creates a structure for investing in regionally grown, Climate Beneficial(TM) cotton and directly supports the livelihoods of the farmers that grew it. Coyuchi is the only home industry brand currently involved in the project.
Omnichannel Business Model Coyuchi differentiates itself through an omnichannel and circular business model, both of which have proven a clear draw for customers. It was an early adopter of an e-commerce sales and marketing approach (over 80% of its sales are directly through coyuchi.com), creating a distinct advantage over incumbents and start-up newcomers in the luxury space. This has resulted in a high lifetime value customer, luxury retail partners such as Nordstrom, and a flagship store in Marin County. Coyuchi’s Organic Textile Products Coyuchi’s product assortment consists of consciously designed bedding, bath, apparel, and lifestyle products spread across about 1,400 SKUs. The company believes that its product assortment, produced from 100% organic cotton with Global Organic Textile Standard (“GOTS”) certification, provides it with a significant competitive advantage. GOTS is the world’s leading textile processing standard for organic fibers, ensuring the organic status of textiles after harvesting raw materials through environmentally and socially responsible manufacturing all the way to labeling, a major environmental and social benefit over conventional cotton product production. Coyuchi’s focused product assortment consists of four core categories:
  • Bedding – A full suite of sustainable, organic, and high-quality sheets, duvet covers, blankets, and throws
  • Bath – A luxurious line of towels, bath rugs, and mats
  • Apparel – Premium apparel for men and women, including robes, sweaters, pants, and pajamas
  • Lifestyle – The lifestyle category offers 135 SKUs, from organic napkins to crossbody totes
Management Team Eileen Mockus is President and CEO at Coyuchi. She has more than 25 years of experience in retail, having held positions in textile development at Patagonia, Pottery Barn Teen, and The North Face. She earned a bachelor’s degree in textiles and clothing from UC Davis and an MSBA from San Francisco State University. Sejal Solanki is Chief Marketing Officer at Coyuchi. She previously served as the company’s Vice President of E-Commerce. Before joining Coyuchi, she worked at teen clothing giant Charlotte Russe. She oversees the company’s digital marketing, site experience, brand marketing, and e-commerce strategy. Marcus Chung is Coyuchi’s COO, overseeing supply chain, sourcing strategy, sustainability, and IT. He previously held positions at notable direct-to-consumer brands Third Love and Stitch Fix, as well as national retailer The Children’s Place. He holds a bachelor’s degree from Wesleyan University and an MBA from UC Berkeley’s Haas School of Business. Margot Lyons is Director of Sustainability and Sourcing at Coyuchi, where she works with strategic partners to ensure all the company’s product sustainability standards are met. She received a master’s degree in textiles and clothing from UC Davis. Use of Proceeds This round of funding will be used to increase Coyuchi’s enterprise value through expanded marketing, product category expansion, continued physical presence, and B2B strategic partnerships with wholesalers, and online marketplaces. For more information, visit the company’s website at www.Coyuchi.com. NOTE TO INVESTORS: The latest news and updates relating to Coyuchi are available in the company’s newsroom at https://ibn.fm/COYU

Freight Technologies Inc.’s (NASDAQ: FRGT) CFO, Paul Freudenthaler, and President Mike Flinker, Present Company’s Latest Corporate Updates at the H.C. Wainwright 24th Annual Global Investment Conference

  • Fr8Tech’s August 15, 2022, corporate update formed the backbone for its presentation at the H.C. Wainwright 24th Annual Global Investment Conference held from September 12-14, 2022
  • The company was represented by Paul Freudenthaler and Mike Flinker, who also talked about the company’s role in revolutionizing cross-border shipping, and the role of AI and machine learning in solving current logistical problems in the industry within the NAFTA region
  • Fr8Tech remains committed to exploring new ways to create more value for its clients and streamline the region’s cross-border shipping process, and leveraging technology
  • Javier Selgas, the company’s CEO, maintains that Fr8Tech anticipates steady long-term growth, especially as the market conditions improve and fuel prices stabilize
Since its founding in 2015, Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) has been known for developing advanced technological solutions, including AI and machine learning, to optimize and automate the supply chain process, offering a platform for cross-border shipping in the NAFTA region for business-to-business (“B2B”) clients.  Beginning in 2019, it refocused its B2B offerings away from freight forwarders and towards business clients directly, without an intermediary and supported by the Company’s staff. On August 15, 2022, Freight Technologies provided its latest corporate update. Of note was the filing of a Form F-1 with the United States Securities and Exchange Commission (“SEC”) in a move which Javier Selgas, the company’s Chief Executive Officer (“CEO”), sees positioning Fr8Tech for continued growth as a public company (https://ibn.fm/Xk6bE). The last corporate update formed the backbone for Fr8Tech’s presentation at the H.C. Wainwright 24th Annual Global Investment Conference held from September 12-14, 2022, at the Lotte New York Palace Hotel (https://ibn.fm/ESvoD). Representing the company was Paul Freudenthaler, the Chief Financial Officer (“CFO”), and Mike Flinker, the President. In addition to the company’s F-1 filing with the SEC, the two talked in-depth about the company’s role in revolutionizing cross-border shipping and the investments made towards the end of 2021 and into 2022 to establish a domestic offering for each of the US and Mexico, to complement the Company’s core cross-border offerings.  They also noted the increasingly important role of Artificial Intelligence (“AI”) and machine learning in solving the current problems that players in the logistics industry within the NAFTA region are grappling with.  “AI will continue to affect our service offerings which in turn will only improve more as the traffic on our platform increases over time.” This year’s theme for the Global Investment Conference was life sciences, cryptocurrency, blockchain and fintech, metals and mining, technology, media, and telecommunications growth, as well as cleantech. Fr8Tech presented alongside other key companies within these spaces, with its focus on technology, while also touching on its investment rationale which includes the company’s target market of over $1.2 trillion in freight, its scalable and differentiated technology, its market leadership as a first mover in this space in Mexico, and its successful growth strategy to date. Just this year, the company has grown its operations with numerous improvements to its cloud-based marketplace that simplifies the once-complex process of international over-the-road (“OTR”) cross-border shipping (https://ibn.fm/xcEjU). Fr8Tech is also constantly exploring new ways to create value for its clients and streamline the region’s cross-border shipping process and carry that over into their respective domestic markets.  “We have had some top consumer companies endorse our product by starting with a purely domestic product and then, after familiarizing themselves with our technologies and capabilities, gaining confidence in our reliability and jump into the cross-border offerings on our platform and then perhaps into another country’s domestic requirements.  Our efforts to date have yielded six distinctive solutions in our product suite: Fr8App, Fr8Radar, Fr8TMS, Fr8FMS, Fr8Data, and Fr8Fleet.  Some of these address specific needs, like 24/7 tracking and tracing through Fr8Radar, while others address needs for purely domestic carriage, such as Fr8Fleet.” The company’s focus on exploring new areas for revenue and value creation allowed for a 45% year-over-year (YOY”) revenue growth for the second quarter of the 2022 financial year (“Q2 2022”) https://ibn.fm/NGP9z). “The growth reflects greater traction in each of our dedicated capacity products, Fr8Fleet, and our U.S. domestic Fr8App services,” noted Mr. Selgas. Mr. Selgas has noted that the company anticipates steady long-term growth, especially as the market conditions improve and fuel prices stabilize. Technology will continue to play an integral role in this growth, even as the company focuses on its logistical operations’ transparency and overall efficiency. For more information, visit the company’s website at www.Fr8Technologies.com. NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT Corporate Communications IBN (InvestorBrandNetwork) Los Angeles, California www.InvestorBrandNetwork.com 310.299.1717 Office Editor@InvestorBrandNetwork.com

Electric Vehicles: The Greatest Comeback of All Time

  • EVs have been around for more than a century and once commanded almost half the U.S. auto market; a rise to the top is in the works today
  • Hillcrest Energy is pioneering work in next-generation power inverters that are instrumental in EV operations and performance
  • Hillcrest’s inverters are a leap forward in EV tech, reducing the overall size, weight, and cost while improving power quality, material elimination of switching losses, and a reduction in electromagnetic compatibility issues
The history of electric vehicles (“EVs”) in the United States dates to 1891, when William Morrison built a six-passenger wagon widely recognized as the first practical example of an all-electric car. In these early days of motorized transportation, EVs were bona fide competition to gasoline-powered cars, with EVs comprising about 40 percent of the U.S. market. Ultimately their slow speeds, high cost and limited range led to their demise as consumers opted for internal combustion engines (“ICE”) to traverse the nation’s expanding roadways. Now the world is preparing for EVs to become the dominant mode of transport as countries worldwide look to banish pollutive ICE vehicles forever, and with innovative technology from companies like Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), the next generation of EVs are going to be more efficient than ever before. The fact is that work in the EV space has never gone away, with interest in electric cars waxing and waning throughout the 20th century, although efficiency and costs remained a persistent challenge. It wasn’t until Tesla (NASDAQ: TSLA) came out with its Roadster in 2008 that the market really started turning the corner. With hundreds of companies working in the space and billions of dollars invested against the backdrop of government mandates to develop infrastructure and switch to emissions-free cars and trucks, the evolution is well underway. Innovation abounds across the complete transportation sector. Companies such as Mercedes-Benz (Xerta: MBG) and Rivian (NASDAQ: RIVN) are working together on electric commercial vans for European markets. Harbinger has developed a new chassis, called the eAxle, that combines the motor, inverter, and gearbox into a replaceable integrated unit that it claims to be 15 percent more efficient and 50-80% less expensive than full packs today. Hillcrest is a clean tech company based in Vancouver that is developing transformative power conversion technologies and control system solutions for next-generation EVs and electrical systems. Hillcrest specializes in EV power inverters, a market forecast by Infinity Business Insights to grow from $8.67 billion in 2021 to $22.25 billion by 2028, fueled by widespread consumer demand for EVs and proactive government initiatives. Power inverters are an integral component in EV powertrains, as they convert Direct Current (“DC”) from batteries into Alternating Current (“AC”) that is used by motors. It’s arguable that inverters are the true unsung hero of EVs due to its abilities to unlock efficiencies. The component represents the link between innovations that will unlock further EV efficiency and range gains. The conversion function that an inverter provides is called “switching” in power electronics parlance, and Hillcrest has mastered the science of switching without incurring losses – called Zero Voltage Switching or ZVS. Hillcrest’s ZVS soft-switching inverter technology can result in a significant increase in overall system efficiency and power density, in turn reducing the overall size, weight, and cost of an inverter. Other benefits including improved motor efficiency, power quality, material elimination of switching losses, and a reduction in electromagnetic compatibility issues. Hillcrest has recently released two white papers demonstrating the advantages of its inverter technology, particularly with regards to switching frequencies. The first white paper detailed test results showing the value of operating electrical systems at higher switching frequencies with the ability to eliminate losses. The newest explains how operating at higher switch frequencies can result in a significant reduction in the size of capacitors within the system, as well as improvements in power quality, system reliability and component life. “The Hillcrest inverter will help us move from the current vicious circle of making larger, heavier batteries to increase EV range to a virtuous circle of decreasing EV mass thanks to greater efficiency and reduced complexity,” said Hillcrest CEO Don Currie during an interview with The EV Report. He added, “Our inverter is the start of that domino effect.” As it finalizes its first commercial prototype – intended for EVs – Hillcrest is making plans to embark on a strategy where it will generate multiple revenue streams (including outside the EV space) without giving up ownership or limiting opportunities with exclusive deals. For more information, visit the company’s website at www.HillcrestEnergy.tech. NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF

D-Wave Quantum Inc. (NYSE: QBTS) Providing Quantum Applications for Life Sciences Industry With Potential to Transform Discovery, Production, and More

  • Quantum computing provides companies with promising new technologies that have the potential to streamline the drug development and patient trial processes, potentially finding greater efficiencies than classical computing systems
  • D-Wave has demonstrated that annealing quantum computers could play a transformational role in the life sciences industry, as illustrated by the company’s work with Menten AI and its achievements in protein design
The life sciences industry is centered around researching, developing, and manufacturing products to improve the lives of humans – including drug discovery. Drug discovery is a high-risk, high-reward field that helps to deliver life-changing clinical benefits to millions of patients. Through quantum computing, pharma and biotech companies may be able to stack the odds in their favor through promising new technologies. D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems and software, focused on delivering customer value via practical quantum applications, offers quantum hybrid solutions for companies within the life sciences industry. In a recent survey by the Quantum Economic Development Consortium, 82% of life sciences organizations agreed that quantum computing would have a commercial impact within the decade. Nearly one-third of respondents stated they would begin evaluating such systems within the year (https://ibn.fm/T0uSZ). D-Wave has begun to illustrate the power that quantum computing can have on the life sciences industry through its use case with Menten AI, a company reimagining biology through quantum-powered protein design. Menten AI is harnessing the unique capabilities of quantum computers to transform the traditional trial-and-error process of relying on undirected, blind screenings of random mutations. Menten AI is taking the first steps with D-Wave to incorporate quantum hybrid computing into the process, accelerating the time to solution. In 2020, Menten AI announced the development of the first successful process using quantum hybrid programs to determine protein structure for de novo protein design. These unique designs have been computationally validated, chemically synthesized, and are being advanced to live-virus testing against COVID-19. “Using hybrid quantum applications, we’re able to solve astronomical protein design problems. We’ve seen extremely encouraging results, with hybrid quantum procedures often finding better solutions than competing classical solvers for de novo protein design,” said Hans Melo, CEO and Co-Founder of Menten AI (https://ibn.fm/SvU2X). “This means we can create better proteins and ultimately enable new drug discoveries.” Through machine learning and quantum computing, Menten AI has gained a competitive edge in designing and engineering proteins for applications in the pharmaceutical and chemical industries – creating designer proteins that may one day be useful in a variety of therapeutics. By extending the capabilities of its protein design and structure software and interfacing it with D-Wave’s quantum processor, Menten AI researchers were able to leverage quantum annealing for their protein design problems. D-Wave is the only company building both annealing and gate-model quantum computing systems. The company works with life sciences organizations to identify the problems best suited for quantum, trains teams to start the development process, moves applications to test so that they are ready for market, and gets the application up and running to deliver benefits to the industry, and ultimately, society. To check out more examples of how D-Wave is helping companies in all industries use quantum computing to solve complex problems, check out customer success stories here: https://ibn.fm/OZYNo. For more information, visit the company’s website at www.DWaveSys.com. NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Crypto Fest 2022 Gears Up for Networking and Entertainment for the Crypto-Defi-NFT-Web3 Community

The 4th edition of the Crypto Fest 2022 is being held on September 30, 2022, as a hybrid event in Cape Town, South Africa, and via live stream. Enthusiasts, businesses, and traders all over the world looking forward to the event can participate virtually. The Crypto Fest, in collaboration with the SA Innovation Summit, the largest startup event in Africa, is a part of the Week of Innovation taking place in Cape Town over 3 days, the 27-29 September 2022. The abode of heritage sites, beautiful beaches, and a plethora of scenic places and natural reserves, South Africa is the perfect venue to host the Crypto Fest 2022. The theme of the Crypto Fest is a play on the satire-comedy movie ‘Don’t Look Up. The theme revolves around people’s inability to deal effectively with climate change. In the movie plot, a comet is threatening to destroy planet earth, and the people, instead of preparing to tackle the danger, indulge in distractions of pop culture and goofy memes. As the world is evolving, change is coming to the crypto-Defi-NFT-Web3 space too. The event offers a tremendous platform for attendees to harness the novel business ideas and networking opportunities. The Crypto Fest will witness stalwarts of the crypto space, all assembling on this unified floor to participate in meaningful conversations, important discussions and debates, and some interesting pitches. The Crypto Fest 2022 is the place to be, showcasing an extraordinary experience of how innovative technologies and budding communities are making a significant mark in the world of finance, investing, art, music, sport, gaming, entertainment, marketing, governance, and more. The event floor will witness 1,500+ in-person and virtual attendees networking and connecting. An impressive lineup of global leaders sharing their insights on the hottest cryptocurrency, Non-Fungible Token (“NFT”), Metaverse, Web3, and Decentralized Finance (Defi) topics, awaits at the Crypto Week 2022. It’s expected to be a scintillating environment at the Cape Town fest venue with exciting keynote presentations, companies showcasing brands, and pitching their businesses at their respective booths. Attendees can immerse in the NFT art and Metaverse gaming experiences and participate in competitions and giveaways with top live local artists and DJ performances at the after-party. To learn more, please visit, https://cryptofest.co.za/.

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Nightfood Holdings Inc. (NGTF) Is Forging the Future of Hospitality with AI-powered Automation Across Industries

September 23, 2025

Robotics and automation are no longer futuristic aspirations; they are rapidly reshaping hospitality operations today. Nightfood Holdings (OTCQB: NGTF) is pioneering this transformation with advanced AI-enabled robotic solutions designed to elevate service quality, optimize operational efficiency and enhance guest experience across the hospitality industry. Hospitality has always thrived on prompt, personalized service, but as labor […]

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