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Agora Data Named One of Used Car Industry’s Most Influential Companies

Agora

Agora Data has received recognition in the AR500, a compilation from Auto Remarketing Magazine featuring the used car industry’s most influential companies in 2021. Agora’s selection is due to its innovative impact on the Buy Here Pay Here (BHPH) market and its commitment to solving some of the most well-known challenges in the industry. “The BHPH dealer is one resilient and brilliant entrepreneur,” Steve Burke, CEO of Agora Data said. “Our vision is to remove capital and technology obstacles these dealers face every day – and as a result, catapult their businesses forward.” Agora’s most recent history-making move was closing the industry’s first crowdsourced subprime securitizations in December 2020 and May 2021. Burke went on to say, “Large dealer groups and online retailers empowered with technology from Silicon Valley in addition to having access to money from the capital markets, are taking away market share from the neighborhood BHPH dealer. Until now, the BHPH dealer had limited defenses. Agora provides the technology and capital, making it the first and only option for a BHPH dealer to increase their market share and grow their business safely without giving up control or equity.” Crowdsourced securitizations were unheard of a year ago. Agora overcame the overwhelming obstacles and looked forward to pioneering more solutions that solve age-old problems for BHPH dealers. Burke continued, “We are energized this breakthrough in low-cost funding and access to abundant capital will reshape the future for dealers, finance companies, capital markets, and even consumers – who benefit when savings are passed down to them.” David Zapata of CarsMart in Berrien Springs, Mich., is one of the hundreds of dealers leveraging Agora’s analytics and capital solutions. “I see my business like a hard-working mule, very resilient. That represents my business. Something sturdy you can work with, but a mule is slow. It can get you from point A to point B, but it’s not going to be in a timely manner,” Zapata said. “Working with Agora, it’s like we’ve been given a carriage and two horses. Now I can take my business, load more into it and have a quicker way to get there.” For BHPH dealers or finance companies wanting to learn more about Agora’s industry-disrupting capital solutions or to participate in upcoming securitizations, visit us at https://bit.ly/3BHbtuw. About Agora Data, Inc: Founded in 2017, Agora Data’s platform delivers a suite of tools to empower Buy Here Pay Here dealers and finance companies to maximize their success. Agora is disrupting and influencing the industry by connecting its dealers and finance company members to Wall Street and other capital resources previously only available to large dealer groups. Agora Data’s family of auto finance products provide a wide range of critical funding paths so originators can obtain the cash they need to fuel growth. Powered by Agora’s proprietary, radical, AI-infused technology platform, originators now have access to robust data analytics and planning resources to help optimize the performance of their portfolio. Agora Data made history by closing the first-ever Crowdsourced Subprime Auto Securitization in 2020 and followed that up with its second transaction in early 2021. For more information, visit agoradata.com or contact us at 877-592-4672. Contact Details Shelly Vandeven +1 682-282-4130 media@agoradata.com Company Website https://agoradata.com/

September 09, 2021 09:03 AM Eastern Daylight Time

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The Way We Travel Now: Airbnb Looking Ahead, Looking Back

YourUpdateTV

As summer winds down and the seasons begin to change, now is the time to look back at how Americans spent their summer traveling and what they are looking forward to experiencing in the fall. Recently, Communications Leads for North America at Airbnb, Liz DeBold Fusco, teamed with YourUpdateTV on a satellite media tour to share the most recent travel trends. A video accompanying this announcement is available at: https://youtu.be/aBehaUcamIE Not surprisingly, outdoor escapes with the family were the top summer travel trend, and as we come to the end of the summer, longer trips and reunions have become a go to. One of the biggest trends was the great escape to rural, with destinations near national and state parks among the top places to stay. Few weeks ago, Airbnb reached their biggest night ever in the US with more than 4 million guests using the platform. This has created a lot of opportunities for the Airbnb host community. This past summer, US Hosts on Airbnb collectively earned more than $1.3 billion – with some hosting while they were away to pay for their vacation to some offering one-of-a-kind unique stays, like treehouses and yurts. With the remote work trend continuing into fall, so does the increase in trips extending beyond just a weekend. Longer weekend trips with families lasting three to four days are up 70 percent, with weekday stays increasing from 63 to 65 percent. Guests’ rising and diversified interest in mid-sized cities extends beyond the weekend and is focused on fall scenery. Searches for stays in large and mid-sized cities make up about a third of searches each for fall, compared to more than half for stays in just large cities in fall 2019. Big events are also coming back, and more guests are eager to head back to stands and seats once again. In fact, a number of those top trending destinations for Labor Day Weekend and beyond are large and mid-sized cities. This is due to welcome-back iconic competitions and major music festivals, like the Made in America Festival in Philadelphia and Astroworld in Houston. You can always go to airbnb.com to find places to stay, Online Experiences to try. Or, if you are looking to share your space this fall or ahead of a big event, you can become a host at Airbnb.com/host. About Liz DeBold Fusco: Liz DeBold Fusco is a Communications Leads for North America for Airbnb. Prior to that, she was a Vice President at SKDKnickerbocker, a national public affairs firm, where she provided strategic communications guidance to organizations ranging from the NAACP and Demos to The Rockefeller Foundation and AT&T. Liz has also worked for Mayor's Fund to Advance New York City and New York City First Lady Chirlane McCray as well as the New York State Attorney General. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 08, 2021 07:00 PM Eastern Daylight Time

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Xeneta Appoints Peter Sand as Chief Analyst

Xeneta

Xeneta, the leading ocean and air freight rate benchmarking, market analytics platform and container shipping index, today announced the appointment of Peter Sand as Chief Analyst at Xeneta. Sand’s appointment comes on the heels of Xeneta successfully closing a $28.5 million Series C round at over a $130 million valuation. Sand is set to begin his role on Nov. 1. “We are excited to welcome a seasoned professional like Peter Sand who has extensive knowledge and a successful track record in the shipping and logistics industry,” said Xeneta CEO Patrik Berglund. “Peter is a staple in the market who consistently gives a fresh and global outlook into the ins and outs of the ever-changing container shipping world. His extremely well thought-through market commentaries and expert insights will serve to further position Xeneta’s data as the go-to-source for accurate container rate information. Sand joins Xeneta after over a decade at BIMCO, where he was responsible for analyzing commercial markets based on the global economic situation and its influence on trade. Prior to Sand’s Chief Shipping Analyst role at BIMCO, he worked with D/S NORDEN, a Danish shipping company operating in the dry cargo and tanker segments worldwide, as a Senior Analyst. Throughout his career, Sand has been regarded for his widely read articles and industry insights, as well as his regular appearances on global news networks such as CNN, BBC, CNBC and Bloomberg. He holds a Master’s in Economics from the University of Copenhagen. “This is an exciting time to be joining a pioneer-leading company and I am fortunate to become a part of the Xeneta team at a time where the company is experiencing growth and momentum,” said Sand. “Xeneta’s groundbreaking freight rate data insights addresses industry pain points and I am eager to leverage my shipping and logistics expertise to help navigate such an unprecedented time that our sector is facing.” As Chief Analyst, Peter Sand will be responsible for delivering expert insights to strengthen Xeneta’s state-of-the-art intelligence software for both ocean container and air freight. His analysis will be invaluable to the company’s strong portfolio of multi-billion dollar brands such as General Mills, Volvo, John Deere, Amer Sports, Rockwell Automation, Volvo and CEVA Logistics. For more information on Xeneta, visit www.xeneta.com. About Xeneta Xeneta is the leading ocean freight rate benchmarking and market analytics platform transforming the shipping and logistics industry. Xeneta’s powerful reporting and analytics platform provides liner-shipping stakeholders the data they need to understand current and historical market behavior – reporting live on market average and low/high movements for both short and long-term contracts. Xeneta’s data is comprised of over 280 million contracted container and air freight rates and covers over 160,000 global trade routes. Xeneta is a privately held company with headquarters in Oslo, Norway, and regional offices in New York and Hamburg. To learn more, please visit www.xeneta.com. Contact Details Xeneta Katherine Barrios +47 951 46 414 press@xeneta.com Trust Relations Noe Sacoco +1 408-340-8130 xeneta@trustrelations.agency

September 08, 2021 05:00 AM Eastern Daylight Time

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Pet Insurance and the Pandemic

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/9KdDYhsia2A Amid the pandemic last year, more than 2 million dogs and cats were adopted from shelters. Now, as employees across the U.S. anticipate a potential return to in-person work, pet parents have some concerns about how the transition may impact both their animals’ and their own well-being. In fact, MetLife’s new Pet Parent Pulse Survey found that three in four (74 percent) working pet parents are considering how pet care during this time may impact their finances, while nearly all (95 percent) anticipate that a possible transition back to the office will cause a change in their pet’s health or routine. If you are a working pet parent, what do you need to know and prepare for during this time? “It may be as simple as making some changes at home, like introducing a crate or a gate to keep your pet safe and healthy. Alternatively, maybe pet care or ‘doggy daycare’ services make sense for you,” said Katie Blakeley, vice president and head of pet insurance, MetLife. “Many pet parents are also leaning on their employers to help them navigate the return to office and how it may effect their furry family members. For example, introducing pet health insurance into a voluntary benefit plan is becoming a popular option for many working pet parents.” For more information visit: metlife.com/insurance/pet-insurance About MetLife: MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com. YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 01, 2021 01:00 PM Eastern Daylight Time

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Cooper Standard Appoints McCabe to Chief Accounting Officer; Conrad to Corporate Controller

Cooper-Standard Holdings Inc.

Cooper Standard (NYSE:CPS) today announced the appointment of two executives to key leadership positions. Rebecca (Becky) McCabe was appointed to vice president, chief accounting officer for the Company, and Linda Conrad was named vice president, corporate controller for the Company. Both executives will be based at the Company’s world headquarters in Northville, Michigan and report to Jonathan Banas, executive vice president and chief financial officer, Cooper Standard. Peter Brusate, who has served as the vice president, chief accounting officer and corporate controller since June 2017, is departing the Company in order to pursue other career opportunities. “I am very proud of our depth of talent and ability to immediately execute this succession plan in our finance leadership,” said Banas. “Congratulations to Becky and Linda. We believe their exceptional backgrounds and recent achievements with Cooper Standard make them ideal fits for these incredibly important leadership roles for the Company.” In her new role, McCabe will be responsible for the Company’s accounting function, financial reporting including Securities and Exchange Commission (SEC) reporting, financial systems and the Company’s global business services. She previously served as vice president, global internal audit, where she led the team toward world class execution and value-added partnerships across the Company. McCabe joined Cooper Standard in 2016 as director, financial reporting, after serving in accounting and financial reporting positions with ZF TRW, Ally Financial and Ford Motor Co. She earned a Bachelor of Arts degree in accounting from Hillsdale College in Hillsdale, Michigan and is a certified public accountant. As corporate controller, Conrad will be responsible for leading the Company’s global financial planning and analysis center of excellence, and driving consolidated performance and profitability. She will continue responsibilities of her previous role as vice president, finance for the Advanced Technology Group, which oversees Cooper Standard’s Applied Materials Science and Industrial and Specialty Group businesses. She joined Cooper Standard in 2014 as a director of finance - corporate and financial planning and analysis, bringing more than 20 years of automotive finance experience with Plasan Carbon Composites, Visteon, TRW and Ford. Conrad earned a Bachelor of Science Degree in business administration - finance from the University of Denver and a master of business administration degree in finance from Case Western Reserve University in Cleveland. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard’s approximately 25,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. ### CPS_G Contact Details Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Company Website https://www.cooperstandard.com/

August 27, 2021 09:27 AM Eastern Daylight Time

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Automotive News Honor: Cooper Standard’s Ahti Recognized as a Rising Star

Cooper-Standard Holdings Inc.

Cooper Standard’s (NYSE:CPS) Sarah Ahti, director purchasing, has been named a 2021 Automotive News Rising Star. Ahti and her co-honorees are featured in a special section in the August 23 issue of Automotive News. “On behalf of the entire Cooper Standard organization, I want to congratulate Sarah on this recognition,” said Chris Couch, SVP Chief Technology and Procurement Officer, Cooper Standard. “Sarah is an outstanding leader, and has also made an impact through mentoring the next generation of our leaders. As a key member of the purchasing team, Sarah’s contributions are a vital component of our success.” The Rising Stars: Automakers and Suppliers program honors U.S.-based auto executives, under the age of 45, on the manufacturing and supply side of the auto industry who have the talent and dedication necessary to become industry leaders of tomorrow. Automotive News has published the list of the industry’s up and comers annually since 2014. This year’s honorees come from 25 companies and a variety of disciplines — from executive management to purchasing, engineering, mobility and design. “The Rising Stars program recognizes automotive executives in middle and upper management who are destined to be industry superstars,” said Jason Stein, publisher of Automotive News. “The best predictor of big personal success is enormous responsibility at a young age. When great potential is identified and rewarded early, the organization wins.” The 2021 class of Automotive News Rising Stars emerged from a nomination and selection process. Complete profiles of all 25 Rising Stars are available at www.autonews.com/risingstars. About Automotive News Since 1925, Automotive News has been the primary source for news happening among automotive retailers, suppliers and manufacturers. Distinct from other publications in the field, Automotive News remains a fully subscriber-paid publication, a testament to the value it delivers to the reader. The award-winning weekly print edition, robust website, email newsletters and video broadcasts are backed by a global team of more than 55 editors and reporters. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard’s approximately 25,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. ### CPS_G Contact Details Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Company Website https://www.cooperstandard.com/

August 25, 2021 08:30 AM Eastern Daylight Time

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Foresight Begins Proof of Concept Project with a Leading Chinese Vehicle Manufacturer

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the initiation of a proof of concept (POC) project with a leading Chinese passenger car manufacturer. The POC project is meant to evaluate the stereoscopic capabilities of Foresight’s QuadSight® vision system, using both visible-light and thermal infrared channels, to detect and classify obstacles on any road in harsh weather and lighting conditions. Following successful completion of the project and a satisfactory outcome, the vehicle manufacturer may consider future cooperation for possible integration into its semi- and fully autonomous vehicles. The project is expected to be completed during the fourth quarter of 2021. In addition, the Chinese vehicle manufacturer will evaluate Foresight’s ability to create a stereo system using two existing mono cameras with overlapping fields-of-view, made possible using Foresight’s automatic calibration solution. This configuration is designed to enhance the Chinese vehicle manufacturer’s existing safety sensor performance in terms of all obstacle detection quality, distance accuracy and robustness. Successful evaluation may lead to future co-development projects. “I believe that this POC project serves as a vote of confidence from the Chinese automotive market, as another leading vehicle manufacturer chooses to evaluate Foresight’s advanced 3D perception technologies. Following our recently signed MOU with Chery, we continue our strategy to expand our presence and become a dominant player in the Asian automotive market. Our proprietary vision technologies offer an accurate and reliable vision solution that may be integrated into semi- and fully autonomous vehicles to enhance existing safety systems,” said Haim Siboni, CEO of Foresight. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the potential for the Chinese vehicle manufacturer to consider future cooperation for possible integration into its semi- and fully autonomous vehicles, the expected timing of the completion of the project, and that it continues its strategy to expand its presence and become a dominant player in the Asian automotive market. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 30, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to diverse markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

August 25, 2021 08:20 AM Eastern Daylight Time

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Ride the WAVE! North America’s Longest Autonomous Shuttle Deployment with Integrated Smart Safety Infrastructure to be piloted in Whitby, Ontario

SmartCone Technologies, Inc.

Transit passengers will soon have the opportunity to ride the WAVE – W hitby A utonomous Ve hicle E lectric – shuttle along the waterfront in Whitby, Ontario. The self-driving shuttle is anticipated to be on Whitby streets in the coming weeks for on-road testing, followed by public ridership later this year. The autonomous electric shuttle is emission-free and integrates cutting-edge smart infrastructure along the route to help create safer roads for pedestrians, cyclists, transit passengers and other road users. The pilot project is being undertaken in partnership between SmartCone Technologies, AutoGuardian By SmartCone, the Town of Whitby, Region of Durham, Durham Region Transit (DRT), Metrolinx, Nokia Canada and other partners, to learn about how new technologies can contribute to safer, more sustainable and connected transit and traffic operations. The six-kilometre shuttle route will begin and end at the Whitby GO Transit station, making a loop through the residential, recreational and industrial areas of the Port Whitby neighbourhood (in south Whitby). The pilot is the first time in Canada that an autonomous shuttle and smart infrastructure will be fully integrated into an existing transit service – as DRT Route 300 – providing the opportunity to assess the operational, financial and customer service benefits and implications of these technologies in community transit. The pilot will also help inform the physical and digital transportation infrastructure necessary to prepare for autonomous vehicles on public roads in Canada. With safety as the top priority, the shuttle will operate at a speed of no more than 20 kilometres per hour and have a trained safety attendant on board who can manually take control of the vehicle at any time, if required. The service will also be aided by more than 50 pieces of smart transportation infrastructure that dramatically increase road safety, including the elimination of blind spots experienced by vehicles, and use of real-time audio and visual alerts to other road users about the shuttle’s operation. The project is being supported by the Government of Ontario in funding through the Autonomous Vehicle Innovation Network (AVIN), led by the Ontario Centre of Innovation (OCI), as well as funding from project partners. The pilot will be delivered through the support and experience of local, national and international partners, including: Ontario Centre of Innovation – funding to Smartcone for smart infrastructure project SmartCone – project lead, provider of smart infrastructure technology AutoGuardian By SmartCone – operators of the intelligent infrastructure and autonomous shuttle Town of Whitby – host community for pilot Region of Durham – traffic and signal operations Durham Region Transit – transit service Nokia – private wireless network infrastructure provider Local Motors – shuttle manufacturer Metrolinx – provincial transportation agency Ontario Tech University – Automotive Centre of Excellence for autonomous vehicle maintenance Durham College – outreach and engagement support Transport Canada – regulator for importing the autonomous vehicle shuttle Ministry of Transportation – regulator for autonomous vehicle pilots in Ontario To learn more about the project and when you can ride the WAVE shuttle later this year, visit connectwhitby.ca/ridetheWAVE. QUICK FACTS Once public ridership begins later this year, shuttle passengers and operators will be required to follow all provincial and public health and safety measures in place at the time of launch to stop the spread of COVID-19, including the wearing of a mask or face covering. The onboard shuttle health and safety protocol will align with broader DRT COVID-response measures, including an enhanced cleaning and disinfecting process and onboard hand sanitizer stations. Once public ridership begins later this year, the shuttle service will be free during the trial and integrated into the existing DRT schedule as Route 300. Regular fares will apply when transferring to connecting DRT or GO Transit services. The shuttle will operate weekdays between 8:30 a.m. and 3:30 p.m. in off-peak times to minimize traffic impact, and on weekends between 7 a.m. and 7 p.m. DRT On Demand service will also continue to be available in the Port Whitby area throughout the pilot. The pilot will be the longest operation of its kind in Canada in terms of route length being six kilometres. QUOTES “SmartCone is honoured to lead this project with the support of AVIN and OCI. Working with these technology leaders will be ground-breaking and together we will show how an autonomous solution can come to market in a real-world and truly integrated environment safely and to the benefit of all.” Jason Lee, Founder and Chief Executive Officer, SmartCone "OCI, AVIN and the Government of Ontario were truly instrumental in getting AutoGuardian off the ground through their support in this project. Working with these stakeholders has added immeasurable value for AutoGuardian to ensure our AV Operations services are seamless and align to support regional transit needs." Tenille Houston, Chief Executive Officer, AutoGuardian By SmartCone “Transportation advancements, like autonomous vehicles, have the potential to transform the way people live, work and move across the province. The introduction of this innovative new autonomous shuttle pilot will help connect people in Whitby to GO services, creating a more connected, efficient transit system for the region.” The Honourable Caroline Mulroney, Minister of Transportation, Government of Ontario “This project puts Ontario at the forefront of leading-edge transit technology in Canada. Our government proudly supports this pilot that will enhance mobility and quality of life in Whitby and beyond. Ambitious projects like this foster growth and innovation and they make our economy more competitive while supporting our work to help businesses rebound from the impact of COVID-19.” Vic Fedeli, Ontario Minister of Economic Development, Job Creation and Trade, Government of Ontario “Finding innovative ways to improve and enhance transit services while ensuring that it is also safe, accessible and sustainable for Durham residents, is a priority. I’m excited that Whitby is the first in Canada to integrate this pilot project into existing transit service highlighting another example of how Whitby and the Region of Durham is a leader in innovation.” Lorne Coe, MPP for Whitby and Chief Government Whip, Government of Ontario “The Region of Durham is excited to partner with this forward-thinking group of innovators. The push towards environmentally sustainable transit options is beneficial for everyone in Durham. Durham Region has a long history of automotive advancement and leadership. This ground-breaking project demonstrates that Durham continues to be at the forefront of the development of new mobility solutions and technologies.” John Henry, Regional Chair and Chief Executive Officer, Region of Durham “This is an exciting project that shines a light on Whitby and Durham Region as leaders in innovation and technology, and environmentally sustainable solutions. We are proud to be part of a highly-experienced project team who bring together the right technology, knowledge and insights to undertake this project.” Don Mitchell, Mayor, Town of Whitby “We are proud to play our part in enabling the launch of the WAVE. Secure, reliable and high-bandwidth private wireless connectivity has an important role to play in the roll-out of autonomous vehicle systems, where safety and dependability are top priorities.” Shawn Sparling, VP Enterprise and Public Sector, Nokia Canada “We're excited to be a part of this pilot to integrate autonomous vehicles into our transit network, enhancing connections to GO Transit and local transit services. Metrolinx remains committed to working with our municipal partners to build on all of the work that has been done to date in finding new and innovative ways to move people throughout the region more efficiently and seamlessly.” Phil Verster, President and Chief Executive Officer, Metrolinx ABOUT AVIN AND THE OCI The Autonomous Vehicle Innovation Network (AVIN) is an initiative by Government of Ontario, led by the Ontario Centre of Innovation (OCI), designed to reinforce Ontario’s position as a North American leader in transportation technology and infrastructure systems. Through resources such as research and development (R&D) support, talent development, technology acceleration, business and technical supports, and demonstration grounds, AVIN provides a competitive advantage to Ontario-based automotive and mobility technology companies. SMARTCONE TECHNOLOGIES INC. SmartCone Technologies Inc. (SCTI) is an intelligent infrastructure eco system that enables use cases like Industrial Internet of Things (IIoT), AI on the edge, distributed processing on the edge, indoor/outdoor positioning, next-generation asset & freight tracking systems, and more. TheSmartCone™ solutions have been used most recently in Return to Work solutions during the COVID-19 pandemic, as well as securing dangerous work sites, managing vehicle fleets, smart warehouses, crowd control, and more. Visit us at thesmartcone.com AUTOGUARDIAN AutoGuardian provides intelligent mobility solutions to get people to their destination in a safer, smarter, and more eco-friendly way. With safer bike lanes, crosswalks, and autonomous shuttle routes to include first and last mile autonomous shuttle operations, we aim to increase mobility for all. Learn more at autoguardian.ca ABOUT REGION OF DURHAM Durham Region is—simply—more. Located on the eastern side of the Greater Toronto and Hamilton Area (GTHA), Durham is a region with momentum. Offering a competitive advantage like no other, Durham is a community where talented, smart and ambitious people—known for their innovation, creativity, skills and education—bring access to world markets, insights, invention and traditions. A place where an innovative ecosystem helps propel new ideas forward. Where ingenuity and industry help tackle global challenges. Visit durham.ca to learn more about one of Canada’s fastest growing communities. ABOUT THE TOWN OF WHITBY The Town of Whitby is a lakefront community that is home to more than 130,000 residents and over 2,000 businesses. Whitby is the second largest municipality in the Regional Municipality of Durham and located in the heart of the region. The Town is committed to building a pedestrian-focused, cycling-oriented and age-friendly community, the revitalization of its two historic downtowns and maximizing its wonderful green spaces. The Town is committed to grow as a smart, urban community where talent and businesses can flourish. ABOUT DURHAM REGION TRANSIT Durham Region Transit (DRT) is one of Ontario’s largest regional transit systems, serving eight unique area municipalities; offering seamless connections to destinations across the Region and the Greater Toronto and Hamilton Area. DRT operates an innovative suite of services, including scheduled, On Demand and Specialized. Visit DurhamRegionTransit.com for more information. ABOUT METROLINX Metrolinx, an agency of the Government of Ontario, is responsible for implementing an integrated transportation network that connects communities across the region. While operating GO Transit, UP Express and PRESTO, Metrolinx’s mission is to get people where they need to go better, faster and easier. ABOUT NOKIA At Nokia, we create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world. ABOUT DURHAM COLLEGE Durham College (DC) is leading the way in innovative and transformative education. Expert faculty and a focus on experiential learning through field placements, applied research, co-ops and other hands-on opportunities, provide over 11,000 full-time students access to leading-edge resources and state-of-the-art facilities. DC’s five applied research centres, including the AI Hub, Centre for Cybersecurity and Social Impact Hub, solve industry and social challenges through innovative and collaborative partnerships. With more than 140 programs offered at its Oshawa and Whitby campuses, including four honours bachelor degrees and nine apprenticeship programs, DC proudly enables students to develop career-ready skills for the ever-changing job market. ABOUT ONTARIO TECH UNIVERSITY A modern, forwarding-thinking university, Ontario Tech advances the discovery and application of knowledge to accelerate economic growth, regional development and social innovation. We inspire and equip our students and our graduates to make a positive impact in a tech-focused world. For us, it’s not only about developing the next tech breakthrough. Understanding and integrating the social and ethical implications of technology differentiates us as university. Learn more at ontariotechu.ca. Contact Details Erin Mikaluk, Manager of Communications and Creative Services, Town of Whitby +1 289-314-6913 mikaluke@whitby.ca Company Website https://www.thesmartcone.com

August 24, 2021 10:55 AM Eastern Daylight Time

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Vingroup's leader shares information about their battery strategy for VinFast's electric vehicles

Vingroup

Battery for electric vehicles (EVs) that can charge to 80% in five minutes, 100% solid-state battery without risk of fire with capacity three times higher than current lithium batteries. Technologies of the future are about to be featured on VinFast’s EV models. These were shared by Vingroup’s Vice Chairwoman Thuy Le as she talked about the car maker’s big plan for electrification. HANOI, VIETNAM - Media OutReach - 24 August 2021 - Aiming to get ahead and gain a competitive advantage in the global EV market, VinFast has been proactively seeking for and partnering with top prestigious firms in battery making - a key to the future of electric cars. Vingroup's Vice Chairwoman Thuy Le revealed that VinFast is teaming up with a number of leading companies in battery research and manufacture from the US, Israel, Taiwan, etc. to ensure that VinFast's EV models will be equipped with cutting-edge batteries. Specifically, VinFast is collaborating with Israeli StoreDot, a company well-known for its extreme fast charging technology that allow battery to charge to 80% of capacity in only 4-5 minutes. This used to be seen as impossible but StoreDot's technology has been proven to work effectively on cellphones, drones and e-scooters. Instead of graphite, StoreDot uses nanoparticles in their batteries, which allows much faster charging speed compared with current technology. Therefore, StoreDot is said to be a pioneer in the world's new energy sector. This means that VinFast may become one of the few electric car firms with the most advanced battery technology that has never been acquired by any famous electric car company in the world, not even Tesla. Notably, Vice Chairwoman Thuy Le also mentioned the strategic partnership between VinFast and Taiwanese ProLogium (PLG) - a leader in research and production of 100% solid-state batteries. ProLogium has been a pioneer in commercialising this technology since 2013 and became the world's first company that possessed a 100% solid-state battery experimentation facility for cars in 2017. With advantages of extremely rare possibilities for fire or explosion, wide range of operating temperatures and three times higher energy density compared with lithium-ion battery, the 100% solid-state battery is considered the technology of the future, a catalyst for the EV revolution. Therefore, this collaboration will give VinFast considerable advantages in the race for global EV market share. Another remarkable name is Gotion High-Tech - a major company in battery development and manufacture in China and across the world. It is well-known for LFP battery technology. Gotion has just signed an MoU with VinFast. The LFP battery can be produced at a low cost and is suitable for mid-range electric cars and has potential to universalise green transportation in the world. Vingroup also disclosed that it is carrying out R&D activities on its own in addition to seeking external resources. Research institutes with world's leading experts under Vingroup's business ecosystem together with its new subsidiary – VinES Energy Solutions JSC – play an essential role in this task. These three pillars will help VinFast achieve both self-sufficiency in EV battery supply as well as the highest quality of batteries in use. As regards production, Vingroup's Vice Chairwoman said VinFast has plans to establish battery production facilities in Europe and the US, as well as their factory in Vietnam. This will be an important part of VinFast's journey to become a global smart electric vehicle company and efforts to accelerate the trend of green transportation in the world. #VinFast #Vingroup Contact Details Vingroup v.nammh@vingroup.net

August 24, 2021 09:00 AM Eastern Daylight Time

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