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ThreatModeler Announces New Patent for IaC-Assist

ThreatModeler Software, Inc

ThreatModeler, a leader in securing cloud infrastructure from design to deployment, today announced the issuance of their newest patent, which makes the IaC-Assist a proprietary technology. The patent, US Patent No. 20220004645A1, has been issued and granted as of April 26, 2022. With IaC-Assist, any user can truly shift left as it relates to implementing security within the code. Users can identify, review, and mitigate security flaws while writing the code in real-time - with simply the click of a button and without leaving their coding environment. IaC-Assist creates a more time and cost-efficient solution to the build process, saving developers the hours it would have taken to build designs and review its security. “Our patented solution, IaC-Assist, reduces threat drift from code to cloud and gives users a simple and efficient solution in truly shifting left,” said Archie Agarwal, Founder and CEO, ThreatModeler. “This patented technology is the only solution in the industry that helps you build threat models from your IDE itself and updates the threat model as you update the code. We’re excited to have these streamlined capabilities patented and available to users.” This patented technology solution is the first of its kind that helps to reduce threats from code to cloud. Users can implement the technology as a processor-executed method of generating a threat model from a code file. The system can analyze the code file, identify properties associated with the resources included in the code file, and generate a threat model based on the resources determined as a security threat. This technology addresses industry pain points by giving tools for security teams to work more collaboratively with the development organizations. Additionally, instead of adding more steps to the build and deploy process, this technology fits within the existing process and enables developers to build security within the code with the least amount of time lost. To learn more about this new patent and ThreatModeler technology, please visit here. About ThreatModeler Software, Inc. ThreatModeler Software, Inc. 's suite of products empowers DevOps to measure their threat drift from code to cloud. With a fraction of the time and cost tied to other tools, users can design, build and validate threat drift from development to deployment. Teams can instantly visualize their attack surface, understand security requirements and prioritize steps to mitigate threats. CISOs can make critical security-driven business decisions to scale their infrastructure for growth. Contact Details Clayton Murtle ThreatModeler@luminapr.com

June 07, 2022 08:00 AM Eastern Daylight Time

CargoX Blockchain Technology Takes Flight in Egypt

CargoX

LJUBLJANA, SLOVENIA - (June 06, 2022) - CargoX, the leading company specializing in the digital transfer of trade documents, extends its business engagement with the Egyptian government by providing advanced Blockchain Document Transfer (BDT) services as a core component of the Advance Cargo Information (ACI) system implementation for airborne cargo. The Advance Cargo Information (ACI) system aims at providing business intelligence and governance mechanisms to the government before cargo loading from ports of export, facilitating cargo clearance procedures, creating transparency and audit trail for cargo movements within a paperless ecosystem by digitizing shipment documents transfer using CargoX BDT services. The ACI system is a core component of Egypt’s national single-window platform for international trade (NAFEZA) that is operated by the Public-Private-Partnership company Misr Technology Services (MTS). “The NAFEZA single window platform for digitalization of ocean-freight trade document transfers between Egypt and companies worldwide is an unprecedented success. It is used by more than 90,000 companies and entities worldwide, and we continue building this momentum by adding air cargo documentation processing. This will bring the number of points of entries to 30 – including airports, seaports, dry ports, border posts, free zones, and bonded warehouses,” said Captain Ossama Al Sharif, MTS Chairman & CEO. Background information: Misr Technology Services (MTS) authorized CargoX to be the gateway between the international trade community and the Egyptian national single window for international trade (NAFEZA) by providing blockchain-document-transfer services since January 2021. CargoX platform includes built-in automated workflows for Blockchain Document Transfer (BDT) where the ultimate level of immutability, transparency, reliability, and accountability is achieved. CargoX launched its BDT services on a “TRIAL” basis as early as March 2021 to serve seaborne cargo. The services became “LIVE” as of October 2021. Within this context, cargo shippers pre-lodge shipment documents and data electronically in a secure and prompt manner to ensure that import security screening and customs procedures on the Egyptian side can be accomplished prior to shipment arrival to Egyptian seaports. Since its implementation in seaports, the project has surpassed all expectations. CargoX blockchain solution was used seamlessly and safely to transfer more than 1,500,000 actual trade and finance documents to serve more than 100,000 customers. By providing reliable document transfer services, the CargoX Platform has become the fastest-growing blockchain platform in the logistics industry. It represents one of the most compelling cases for the adoption of the blockchain as a critical tool for streamlining global trade and commerce, as well as business-to-government communication. “NAFEZA has become a unified channel for customers exporting to Egypt by sea, and now also by air. The ACI system will expedite shipment clearance, reduce cost, and eliminate the risk of delays or loss of documents. We are proud that Egypt is yet again a global innovator and a key reference for modernization,” said Gamal Kotb, MTS General Manager. In the sea freight use case, the benefits resulting for users from the adoption of the blockchain technology include a reduction in the average cargo release time from 29 days to 9 days with a notable reduction in container demurrage and storage fees. Compliance costs for shippers in the maritime sector have also been slashed from more than USD$600 to USD$165, or less as a consequence of the move onto the blockchain. In air freight, the real-time delivery of documents will play an even more essential role, as cargo travel times are much shorter, and processes run with higher task frequency. “Mr. Stefan Kukman, CEO of CargoX said, “CargoX is proud to be developing the most cutting-edge digital solution for global trade - arguably the most important industry in the world,” “It is incredibly satisfying to already be working with some of the most selective companies in the logistics industry and forward-thinking governments that have made the CargoX Platform the fastest-growing blockchain platform in the logistics industry,” —Kukman added. About CargoX CargoX Ltd is a global company specializing in document transfer solutions, based on blockchain transactions and an ownership validation platform. The core team of founders brings together more than 100 years of experience in the logistics, banking, programming, IT and blockchain industries. Users of CargoX’s BDT platform can upload or create electronic trade documents and then transact ownership of them like money through a global bank, at any time, with the following benefits: ● Irrevocable transfer of ownership of the documents ● Unbreakable, neutral, public Ethereum blockchain ● The audit trail of events is only available to the participants involved ● Confidentiality and full protection of data, identity and business connections ● More than 65 document types are supported (eBL, eLC, Certificates, Contracts, Invoices) Contact Details CHARLIE PESTI —The world’s best publicist for supply chain technologies. Charlie Pesti +1 267-439-4355 charlie@pesti.io Company Website https://cargox.io/

June 06, 2022 10:02 AM Eastern Daylight Time

Freight Rate Transparency gains traction in Freight Forwarding – SHIFEX by Shifl

Shifl

Digital forwarding and supply chain platform Shifl has announced the launch of SHIFEX, an Ocean Spot Freight Rate Index for container shipments which is now available on their website ( https://shifl.com/index ). The recent and continuing unprecedented chaos in the freight markets has brought the dire need for transparency and visibility into actual ocean freight rates. Shabsie Levy, CEO and Founder of Shifl, said he often found thousands of dollars of disparities between reported and actual freight rates on the market. “In the current market condition, just about no one can afford to pay hundreds and sometimes thousands of dollars more for moving a single container,” said Levy. SHIFEX provides live insights into ocean freight rates. It tracks and displays the average ocean spot freight rates for 40'containers (FEU) on main Transpacific routes at any given period. Freight rate transparency and accuracy have always been touted as core business values. They improve customer engagement, build trust, and increase productivity in an industry that has been opaque. “By leveraging our existing technology, we are helping shippers benchmark the freight rates they should be paying for their shipments and help them better plan their order placements and inventory” said Levy. By analyzing its own data of actual bookings and shipments, Shifl was able to alert the market in advance of the drastic changes in the ocean spot freight rates across the volatile periods in 2021 and 2022. Eli Gelbman of The New York Doll Collection a company that manufacturers and sells childrens dolls and accessories says, "I am pleased that Shifl is launching SHIFEX. As a regular importer, we have been following Shifl's rate data in their market reports which has helped us tremendously in managing the volatility in the freight market. Having the same info now on-demand, will allow us to make better supply chain decisions, and improve efficiency in costing and in planning our orders." More about SHIFEX SHIFEX, the first ocean spot freight rate index by a US freight forwarder, provides live insights into ocean spot freight rates as it tracks and displays rates that are applicable on the Trans-Pacific route. SHIFEX is based on the actual spot freight rates quoted and/or paid for moving shipments on the Trans-Pacific route and is therefore a true reflection of the prevailing market conditions in the freight forwarding spot market. SHIFEX is offered as a free service by Shifl and covers Port to Port container spot freight rates. SHIFEX includes all commonly applicable surcharges, —including but not limited to BAF (Bunker and/or Emergency Bunker Adjustment Factor), CAF (Currency Adjustment Factor) ISPS (International Security Port Surcharge), PCS (Port congestion surcharge). The index provides past and current freight rates with the option of tracking rates on a 3, 5, 12 and 18 month basis from the base ports of China to both Los Angeles and New York. In addition to freight rates, Shifl is also planning to include its highly popular vessel transit and container dwell data and add spot freight rates of other trade lanes to SHIFEX so customers can track the past and current performance of these metrics as well. SHIFEX complements digital offerings that include Shifl.com, the digital forwarding and supply chain platform, and Shifl.capital, the cutting-edge FinTech solution designed to make business transactions easier for supply chain companies. About Shifl Shifl is leading the supply chain industry into the future with technology and innovation that brings a huge array of real-life benefits to its users. If you are a shipper looking to bring your business into today's digital age, be more in control, and pay less overall - Shifl is for you. Shifl is headquartered in New York and maintains a presence in China, India, Vietnam, Malaysia, Bangladesh, Georgia, DR, and The Philippines. To learn more, visit https://shifl.com. Contact Details CHARLIE PESTI Priyanka Ann Saini +91 98332 68264 priyanka@pesti.io

June 06, 2022 12:00 AM Eastern Daylight Time

Motor Vehicle Crashes with Large Trucks Present Unique Legal Challenges

Justinian & Associates

New research from the U.S. Department of Transportation reinforces the fact that most injuries and deaths in commercial truck crashes are passenger vehicle occupants. Add to that the fact that urban and suburban roadways are increasingly becoming the place where major commercial truck accident injuries and deaths occur — according to the U.S. Department of Transportation data, 51% of deaths in large truck crashes occurred on major roads other than interstates and freeways. This trend highlights the challenges drivers face in negotiating what to do after an accident with a commercial truck. “There are many differences between a car accident and a commercial vehicle accident,” said Kevin Johnson, associate attorney at Austin, Texas-based personal injury firm Justinian & Associates and an expert in truck accident law. “For one, are you're dealing with a much bigger vehicle. And, you're dealing potentially with multiple entities that are responsible for that vehicle, as well as a driver that has professional driving rules that he should be following. These differences can make resolving a commercial truck accident much more complex and time-consuming.” Johnson has six primary tips for drivers who have been in an accident with a commercial truck. The first tip is to call the police immediately after the accident occurs. “The police are going to make sure that the proper entities in the crash are established,” said Johnson. “They're going to file a report and they're going to get the names of the company and the driver so that you can and have that information for later.” The second tip is to take photos of the scene while everything is still fresh, and while both vehicles are where they were after the crash. “These photos will be admissible evidence in court,” said Johnson. “If you don’t have photos and the other vehicle gets repaired right away, you could be in a tough spot regarding possible claims.” The third tip is to get the trucking company’s name, as well as the driver’s information, including address, phone number, email address, insurance company name, and policy number. “Many times when you're dealing with a commercial vehicle, there could be different entities,” said Johnson. “For example, the truck and the trailer could be owned by two different parties. The driver could be an independent contractor. So it's very important to get as much information as you can to lessen the chance of getting the runaround later on.” The fourth tip is to get the names and contact information of any witnesses. “This is someone who could possibly be on your side and vouch for you later in court, so it’s important to get this information at the scene,” said Johnson. The fifth tip is to get a medical evaluation. “Even if you don’t think you were hurt, go and get checked out,” said Johnson. “Some injuries can take weeks to manifest themselves, so having a documented visit to a doctor right after the accident will help protect your right to seek a claim later.” The sixth tip is to avoid posting about the accident on social media. “Don’t post pictures of the crash or even things like ‘I was just in a crash, but I’m OK,’” said Johnson. “Anything you post on social media becomes public, and this can be used later in court to counter a claim or statement.” As the trend in commercial truck accidents continues to grow, it’s important that drivers know the differences between navigating a car-to-car accident and a car-truck accident. “When you’re dealing with a commercial vehicle, there’s a whole different claims process that takes place,” said Johnson. “It’s important that people know the differences and know what steps to take.” Listen to a podcast interview with Kevin Johnson on six things to do after a commercial truck accident. Justinian & Associates is an Austin personal injury law firm with offices in Round Rock and San Antonio, Texas. www.justinian.com -###- Contact Details Bill Threlkeld bill@threlkeldcomm.com Company Website https://www.justinian.com

June 02, 2022 09:00 AM Pacific Daylight Time

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CORRECTING and REPLACING Volatus Aerospace Corp. Announces Record First Quarter 2022 Sales

Volatus Aerospace Corp.

The headline of the release dated May 26, 2022 has been updated to read "Volatus Aerospace Corp. Announces Record First Quarter 2022 Sales" sted "Volatus Aerospace Corp. Announces Record First Quarter Annual Sales" The updated release reads: Volatus Aerospace Corp. Announces Record First Quarter 2022 Sales Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), is pleased to announce record sales for the first quarter of 2022. The growth was driven by sales of products and solutions. Key Financial Highlights: Revenue for Q1 2022 was $4,807,829, an increase of 64% over the previous quarter and a sixteen-fold increase over the year-on-year quarter of 2021. The revenue was driven predominantly by organic growth across Canada, the USA, Latin America, and some parts of Europe. The drone services and training segment are lowest in the first quarter due to seasonality. Gross profit for Q1 2022 was $1,092,840 an increase of $930,748 over the same period in 2021. The increase in gross profit is due to scaling in product and service activities. Volatus recorded a comprehensive loss of $1,774,397 compared to a comprehensive loss of $1,328,628 in the previous quarter. This was due to increased investment in human resources and expansion activities. Operational Highlights: The Company achieved significant milestones in the first quarter of 2022, namely: Volatus scaled its activities in the United States and the United Kingdom, hiring key people in the public safety and defense sectors. As a result of the Russian invasion of Ukraine, the demand for defense related drones has significantly increased globally. The Company accelerated its plans to expand in Europe and nearby regions and is promoting its capabilities to provide ISR (Intelligence, Surveillance, Reconnaissance) and humanitarian cargo drone solutions. The Company is actively supporting non-government organizations (NGOs) including Mriya Aid and Second Front Ukraine in their efforts to support Ukraine. Volatus has entered numerous strategic partnerships with North American and European UAS manufacturers having unique capabilities in different sectors - providing a portfolio of technologies for it to commercialize and present as integrated solutions to its clients in the commercial, public safety and defense sectors. These technologies have been “Vetted by Volatus” – a program whereby a team of subject matter experts from Volatus perform due diligence on the technology and certify that it is ready for commercialization. The Company made a strategic move with the acquisition of MVT Geo Solutions Inc. on February 28, 2022. This acquisition enhanced Volatus' service and data processing capabilities in the province of Quebec and Eastern Canada. Volatus will integrate the operations of MVT to provide data insights and scale its LiDAR expertise across Canada. As part of creating a drone community, Volatus introduced Drone Network News available here. This communication channel was developed to inform various stakeholders in the industry, enable sharing of knowledge and informed decision making and increase the awareness and market exposure of Volatus as an industry expert. This channel highlights all the key developments in the drone industry across the globe through articles, discussions, and podcasts with key industry leaders. “Drones are the future and Volatus is the future of drones,” said Glen Lynch, President and CEO of Volatus. “During the quarter we have made considerable investments in equipment, inventory, sales personnel, and marketing in preparation for continued strong expansion during the remainder of 2022. We are committed to building the global drone company and running it sustainably.” The condensed consolidated interim financial statements for the three months ended March 31, 2022, and associated management discussion and analysis, are made available under the Company's profile on SEDAR at www.sedar.com Webinar In conjunction with this release, Volatus investor relations Kate McKenna will host a webinar on Tuesday, May 31 st at 11:00 AM EST at which time Glen Lynch, Chief Executive Officer, and Abhinav Singhvi, Chief Financial Officer, will review the quarterly results and major milestones. Investors are invited to join the webinar here Or One tap mobile: US: +13126266799,,82780365304# or +13462487799,,82780365304# Or Telephone: Dial(for higher quality, dial a number based on your current location): US: +1 312 626 6799 or +1 346 248 7799 or +1 646 558 8656 or +1 720 707 2699 or +1 253 215 8782 or +1 301 715 8592 Webinar ID: 827 8036 5304 International numbers available here. Audio Replay Options An audio replay of the event will be archived on the Investor Relations page of the company's website here About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

May 26, 2022 05:32 PM Eastern Daylight Time

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How a Carbon Tax Can Help Address Climate Change

YourUpdateTV

As the United States’ fiscal challenges deepen and climate change worsens globally, the need to identify pro-growth solutions is a priority of policymakers. Alex Flint, executive director of the Alliance for Market Solutions (AMS), this week participated in a nationwide satellite media tour to discuss how a carbon tax can both address climate change and grow the economy. A video accompanying this announcement is available at: https://youtu.be/4H9P0JvFRVY For decades, the U.S. government has sought to curb carbon pollution and mandate energy efficiency standards through a host of regulations and tax subsidies. Today, conservatives and economists alike recognize that taxes are more efficient than regulations. Using a carbon tax to reduce carbon pollution costs the economy less than achieving the same result through regulation. A carbon tax can raise revenue—which a regulation or a suite of regulations cannot do—and can be used to reduce other, more distortionary taxes, which hinder economic growth, like the income tax. The result is a more efficient tax system that, while raising the same amount of revenue, allows the economy to grow faster, making it easier for the federal government to meet its fiscal obligations while reaching their climate goals. Congress is currently debating a carbon border adjustment mechanism, which would impose a fee on imports from countries with lower environmental standards and could serve a lynchpin for a domestic carbon pricing policy. For more information about a carbon tax and AMS, visit amsresearch.org About Alliance for Market Solutions AMS is a nonprofit educational organization of conservative leaders addressing two of America’s most pressing challenges: the need to reduce carbon pollution and grow the economy. We respect climate change science and support replacing regulations with a revenue-neutral carbon tax—policy that would efficiently protect the environment and deregulate and grow the economy. AMS engages directly with influential conservatives, including policymakers, to cultivate support for a revenue-neutral carbon tax. We also conduct research that demonstrates the viability and benefits of a carbon tax. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 26, 2022 11:00 AM Eastern Daylight Time

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Global Affairs Canada Arranges High Level Meetings for Volatus at CANSEC 2022

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") announces high-level meetings with military attaches from LATAM and Europe during CANSEC 2022. Several visiting delegations, including Lieutenant General Carlos Chávez Cateriano, Chief of Staff for the Peruvian Air Force, have requested meetings with Volatus during Canada’s largest global defence and security event being hosted at the EY Center in Ottawa on June 1-2, 2022. "We are honoured to have Lieutenant General Cateriano visit us at CANSEC as Peru and other sovereign entities look to add high-end military ISR and ISTAR drones to their capabilities" said Glen Lynch, Volatus CEO. "The Global Affairs Canada team has done an outstanding job helping us expand our business globally." During the show, Volatus will showcase a wide range of products including its mobile command vehicles, cargo & resupply drones, packable ISR drones, versatile land and sea ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance) and long-range surveillance drones. In addition, the company will debut its Task Force ISR service—a fully equipped team of Veteran UAV operators deployable globally to provide ISR services in times of crisis or natural disaster. The company will be showcasing products and services at CANSEC 2022 in Booths #801, #1911 and #3036. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

May 25, 2022 07:50 AM Eastern Daylight Time

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Volatus Aerospace to showcase leading Tactical ISTAR Drone at CANSEC as part of its Strategic Partnership with Aerovel

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is pleased to announce a strategic partnership with Aerovel, manufacturer of the Flexrotor. The Russian invasion of Ukraine prompted Volatus to seek an industry-leading UAV solution with exceptional military accuracy, intelligence, surveillance, target acquisition, and reconnaissance ("ISTAR") capabilities. "We have been supplying small ISR drones to Ukrainian forces, and our team is in regular contact with Ukrainian defenders on the frontline. Aerorozvidka leadership tell us that the small drones are becoming less effective because of their low altitude and short endurance combined with Russian jamming. Lt. Col. Yaroslav Honchar shared that Russian forces have dug in and are indiscriminately bombarding Ukraine's civilian populations from concealed places, with no regard for the death and destruction inflicted on non-military targets. Ukraine needs dynamic situational awareness and accurate targeting," said Glen Lynch, Volatus CEO. "The Aerovel Flexrotor is capable of altitudes of up to 6.5 km, airspeeds of up to 170 kph and staying aloft for up to 30 hours, making it the ideal solution. We look forward to broadening our relationship with Aerovel as we work to supply Ukraine with the capabilities they need to protect civilian populations targetted by Russia.” Volatus will showcase the Flexrotor at CANSEC 2022, Canada's largest global defence and security trade show. The company has indoor (#801 and #1911) and outdoor (#3036) booths. Ali Dian, Aerovel CEO, stated: "We are hopeful that we can support Ukraine and its courageous defence fighters. Volatus and Aerovel have a shared vision of the enormous market potential for the Flexrotor as global defence ministries realize how critical it is to have these UAV-enabled ISR and ISTAR capabilities. Our relationship with Volatus also provides the capability to expand our manufacturing to Canada. We’re looking forward to standing together at CANSEC 2022.” About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

May 24, 2022 07:45 AM Eastern Daylight Time

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Have Suitcase, Will Travel: Trends and Insights on Destinations U.S. Travelers Want to Visit by Travelport

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/xxXF7z1TE-Q After two years of pandemic-related cancellations, Americans are ready to travel. While the last two+ years have been a significant challenge, the global travel industry recovered more than 50% of its gross booking activity by the end of 2021. Should this trend continue along the same trajectory, it could reach 85% recovery by the end of this year. Even though we just sprung into spring it is never too early to start locking in plans for travel in June, July and August. With school breaks and extra sunshine, the summer months are peak travel season for Americans. The demand for travel is so high that a recent survey from Travelport finds people prioritize travel over entertainment, shopping and even self-care. Want to know how travel starved Americans are? Get a load of these stats from the survey: · 75% of respondents would forgo concerts to travel · 75% would stop buying new clothes to travel · 74% would give up spa treatments to travel “While the last two+ years have been a significant challenge, the global travel industry recovered more than 50% of its gross activity by the end of 2021,” said Jen Catto, Chief Marketing Officer for Travelport. “Should this trend continue along the same trajectory, it could reach 85% recovery by the end of this year. The pent-up desire to travel is strong. Our latest survey findings clearly demonstrate this, highlighting how many indulgences people are willing to sacrifice in order to travel again. For more information, visit http://www.travelport.com About Travelport: Travelport is a global technology company that powers bookings for hundreds of thousands of travel suppliers worldwide. Buyers and sellers of travel are connected by the company’s next generation marketplace, Travelport+, which simplifies how brands connect, upgrades how travel is sold, and enables modern digital retailing. Headquartered in the United Kingdom and operating in more than 180 countries around the world, Travelport is focused on driving innovation that simplifies the complex travel ecosystem. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 23, 2022 12:30 PM Eastern Daylight Time

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