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Fintern launches consumer lending driven by AI and Open Banking

Stockwood Strategy

The UK consumer lending market is worth £160bn, yet over 15 million people in the UK are denied access to affordable loans. These people are resorting to unsustainable means including high-cost lenders and buy-now-pay-later schemes to manage their lives. Today, digital consumer lender Fintern has launched to radically transform the financial well-being of people with an innovative and sustainable lending approach that goes beyond traditional credit scoring and puts affordability first. Fintern’s next generation credit technology bypasses credit scores in making lending decisions, focusing instead on affordability. Fintern builds relationships with customers helping them to understand how much they really need, how much they can afford to take on, and how they will repay. Fintern integrates its AI platform with Open Banking* to smartly connect the dots in consumers’ banking data enabling Fintern to obtain the most accurate view of borrowers’ affordability and spending behaviour using real time transaction information. Gerald Chappell, CEO and co-founder of Fintern commented: “Fintern will help people to really understand what is affordable for them, rather than offering yet another faceless transactional process. Currently, lenders either lend money or don’t, and then don’t engage with the borrower again until the loan terms ends or payments are missed. “Our success as a lender lies in the ability of our customers to repay their loans. Our AI-powered technology helps us and all our customers to understand their finances in a deeper, more hands-on way than ever before. This approach allows us to increase approval rates, lower APRs and empower our customers to make the best and most responsible borrowing decisions for them.” The approach of banks to personal lending inappropriately results in “computer says no” answers for millions every year. While traditional behavioural credit scoring (the industry’s approach for credit decisioning) works well to separate the highest quality customers from the lowest, it performs poorly in differentiating risk among the majority of people. Often the consumers hardest hit are those who have had historical blips in their credit records or, for example, those people who are new to credit or have moved countries. Dr. Michelle He, COO and co-founder of Fintern added: “We will be closer to our customers than incumbent lenders can ever be, and this will differentiate us in the marketplace. Intelligently integrating AI and Open Banking data disrupts credit decisioning for the better of all customers. Doing it well requires the right experience. Data and technology are Fintern’s bread and butter. We have an amazing team with extensive experience in digital lending and credit analytics. They are customer obsessed and have made the Fintern App a unique experience.” Looking ahead, Gerald Chappell added: “As we emerge from the Covid-19 pandemic, Fintern is needed now more than ever. While many existing lenders are reducing credit supply given the shock to their existing portfolios, Fintern uses high frequency transaction data to understand consumers’ real time financial circumstances and lend responsibly. Over the next 4-5 years, we intend to rapidly grow in the UK building a £1bn loan book alongside broadening our product range and considering expansion to other geographies.” Fintern received its FCA authorisation as a regulated consumer credit lender in February 2021. The co-founders have built an exceptional team that includes credit experts with over 100 years’ experience in finance and technology. Ends * Open Banking regulation requires UK banks to open up customer transaction data in a secure and standardised form, which means the third party providers have access to consumer data from banks via APIs. While the UK is leading globally on Open Banking, adoption is under way in 35 economies. About Fintern Fintern is a digital consumer lender on a mission to expand access to low cost personal finance and transform financial well-being. Fintern’s next generation credit technology bypasses credit scores in making lending decisions, focusing instead on affordability. Fintern builds relationships with customers helping them to understand their repayment capacity and credit appetite. Fintern integrates its AI platform with Open Banking to smartly connect the dots in consumers’ banking data enabling Fintern to obtain the most accurate view of borrowers’ affordability and spending behaviour using up to the minute transaction information. Fintern was founded in 2020 with a team from McKinsey, EY, Bank of America Merrill Lynch, HSBC and XiaoMi. Fintern is authorised and regulated by the Financial Conduct Authority, firm reference number 929244, a member of Cifas (the UK's leading anti-fraud association) and registered with the UK Information Commissioner's Office in compliance with the Data Protection Regulations 2018. Contact Details Fintern Bilal Mahmood +44 7714 007257 press@fintern.ai Company Website https://fintern.ai/

March 08, 2021 06:00 AM Eastern Standard Time

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Minuteman Press Franchise in Fredericksburg, VA Supports Local Businesses During COVID-19

Minuteman Press International Inc

Minuteman Press Fredericksburg Has Remained Open Throughout COVID-19 As An Essential Business Owner Doug Walton Shares Insights On Operating During the Pandemic and How Minuteman Press is Helping Local Businesses Bounce Back For nearly 15 years, Doug Walton has owned the Minuteman Press design, marketing, and printing franchise located at 10699 Courthouse Road. Because printing is considered an essential business, Minuteman Press Fredericksburg has remained open throughout the COVID-19 pandemic. “It feels good to remain open and help other local businesses navigate the pandemic economy. We have been able to help them market themselves through direct mail, provide banners and signage to help with social distancing, and we have even supplied many with acrylic sneeze guards and masks to help keep their employees and customers safe.” Print Is Essential As a longtime local business owner in an essential industry, Doug is uniquely positioned to be able to help organizations and businesses as they continue to reopen and recover. “We’ve expanded our products and services over the years and when the pandemic first hit we were ready to provide high-demand items such as direct mail, signage, and sneeze guards. Businesses have come to us for banners, posters, yard signs, floor decals, and branded clothing, which has been a good source of growth. When everyone’s graduation ceremonies were canceled, we were able to help students and their families celebrate with lawn signs.” Doug continues, “The response from the community has been incredible. They know we have been here for a long time, and they appreciate our ability to provide custom printing of all kinds to help keep people safe. We also have been helping businesses reach out to their customers through marketing and direct mail campaigns. When restaurants need new menus or businesses have important updates and special promotions, Minuteman Press Fredericksburg is here as their trusted local provider.” “The printing industry has been designated as essential for a reason. The products and services we provide support almost every other business and allow them to continue to operate. We print for many different kinds of customers from HVAC contractors to the local Sheriff’s office and more. They all depend on us to do their jobs, and we are happy to be there to help them with everything they need during this unprecedented time.” -Doug Walton, owner, Minuteman Press Fredericksburg, VA Bounce Back Fredericksburg One of the ways Doug and his team are giving back is through Bounce Back Fredericksburg, a free community platform that provides businesses with free local listings and COVID-19 awareness and prevention posters. To date, 60 participating businesses have posted special offers and promotions that community members can take advantage of to support local and shop local. Doug says, “I would encourage every business owner to advertise more. There is no such thing as too much marketing. Take advantage of Bounce Back Fredericksburg, start a direct mail campaign, or simply take a look at your marketing materials and make sure everything is professional and up to date.” As the economy continues to recover, Doug sees opportunities for businesses to come back strong. “I’d like to think that we are proof it is possible to operate and market during the pandemic. As more and more of the local economy comes back, my message is to refocus and stay positive. I hope my own positive attitude encourages my fellow business owners to realize we will get through this together and that brighter days are ahead.” As for his own marketing efforts, Doug has used every tool available to him as part of the Minuteman Press franchise family. “We have depended on direct mail, email, and social media to advertise. We have kept the message simple by saying ‘we are here to help, and we are all in this together.’ The response has been very encouraging. Many have thanked us for being there when people need us at this critical time.” He adds, “As a franchisee, the support we’ve received from Minuteman Press International has been great. At the beginning, we received daily updates of what was going on in our industry, tips for pushing forward, words of encouragement, and tons of new resources including the launch of the Bounce Back USA program. They have continued to share success stories from across the nation and provide recommendations and industry news as well as new marketing templates and strategies to help us grow.” Benefits of Franchising Prior to owning his own business, Doug worked in construction. He was able to successfully switch industries and change careers by going the franchise route. As printing industry leaders, Minuteman Press offered Doug comprehensive training and ongoing support that he continues to benefit from today. Doug says, “Minuteman Press is outstanding. They are always there for support. I couldn’t imagine navigating this pandemic without them. Over the years they have always been there when I need them and they are always looking for ways to help us be more successful. Minuteman Press truly cares about their franchisees.” Reflecting on the rewards of business ownership, Doug adds, “It comes down to my improved quality of life. I don’t miss any of my daughter’s school or sports events. I can make my own schedule. It’s as simple as that and I wouldn’t want it any other way.” “Doug Walton has simply done a tremendous job as the owner of Minuteman Press Fredericksburg for nearly 15 years,” says Bob Heimbuch, Minuteman Press International Regional Vice President, Virginia / DC / Maryland. “I am especially proud of his efforts in helping the local business community through Bounce Back Fredericksburg as well as all of the ways he has been supporting local businesses during the pandemic. Doug is truly dedicated to his clients and his community and he lifts others up with his positivity while providing outstanding products and services.” Advice for Others When asked for what advice he would give to other business owners, Doug answers, “Put your blinders on and don’t pay any attention to bad news. Do everything you can to service your customers. Advertise more. This is not the time to cut back. Keep a positive attitude and encourage everyone in your community to support local businesses.” “And remember, we are all in this together.” For more information on Minuteman Press Fredericksburg, visit https://www.fredericksburg.minutemanpress.com. Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

March 05, 2021 09:01 AM Eastern Standard Time

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Cyvatar Creates First All-in-One Cybersecurity Membership Platform

Cyvatar

Cyvatar today unveiled its all-in-one platform to deliver the first-of-its-kind cybersecurity-as-a-service (CSaaS) offering. The Cyvatar platform is now the de facto operating system for all of its members’ security programs. Cyvatar’s unique membership model levels the playing field by democratizing cybersecurity and making the best protection accessible and affordable for every size organization, even if they have no cybersecurity expertise in-house. With the introduction of the Cyvatar platform, members also get complete visibility into the management of all their security tools from a single pane of glass. The platform demonstrates immediate and concrete results from their cybersecurity efforts with executive-level analytics, rising compliance and risk grades, time to remediation, and ROI calculations. “We’re losing the battle against hacks and breaches; even though more and more security tools are available, sensitive data isn’t getting better protected,” said Corey White, Cyvatar co-founder and chief executive officer. “We launched Cyvatar as the industry’s first subscription-based CSaaS to solve this problem. Rather than simply identifying issues, the Cyvatar platform gives members complete and continuous transparency into all remediation activity to support their security and compliance goals.” By replacing ownership with membership, Cyvatar members can select the freemium plan in seconds at no cost. They can later choose the packages and pricing that meet their unique business needs and they can cancel anytime--another industry first. “Without Cyvatar, you’re basically going to the supermarket and stocking up on all of the best ingredients without a recipe or general know-how to turn those ingredients into a meal,” said Cyvatar Co-Founder and Chief Product and Strategy Officer Craig Goodwin. “If you want to eat, you can’t just keep buying more ingredients; at some point, you have to combine them in the proper order and prepare them at the right temperature to create the necessary outcome--that’s what we do for our members. Our expert team of Cydekicks use the platform to remediate all vulnerabilities in a member’s system and provide CyValue in 90 days or fewer with full transparency into every action they perform.” Become a free member to get your vulnerability scan, remediation plan, and platform access today. About Cyvatar Cyvatar is committed to cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is headquartered in Irvine, California with locations around the world. Begin your journey to security confidence at https://cyvatar.ai/ and follow us on LinkedIn and Twitter. Contact Details Cyvatar Media KC Higgins +1 303-434-8163 kc@cyvatar.ai Company Website https://cyvatar.ai/

March 04, 2021 08:30 AM Eastern Standard Time

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How New Airbnb Hosts Have Earned $1 Billion During the Pandemic

YourUpdateTV

The COVID-19 pandemic has sent travelers looking for safe, comfortable settings in which to connect with family and friends, creating economic opportunity for others to earn needed extra income by listing their homes on Airbnb. New hosts with only one listing who have welcomed their first guests since the start of the pandemic have already earned more than $1 billion. Recently, Christopher Nulty, Head of Global Public Affairs at Airbnb, discussed this trend and what it means for the future of travel. A video accompanying this announcement is available at: https://youtu.be/kjxmBO8MLKc Families and workers around the world have struggled financially because of the economic hardship caused by the pandemic, and in the US, one in four adults have had a hard time paying bills and one third have tapped their savings or retirement funds. For many, sharing their homes on Airbnb has provided a critical and urgent COVID social safety net to help stay economically afloat in these unprecedented times. In the US, the typical new Airbnb host with only one listing earned $3,900 since March 2020. This is income being used to pay important bills with half of all hosts worldwide using their Airbnb earnings to stay in their homes. During the pandemic, three in 10 US hosts (29 percent) have used their hosting income to pay their rent or mortgage—including half (49 percent) of hosts aged 25-34. One quarter of hosts (26 percent) have used the income to pay down debts, and 10 percent have used it to pay for healthcare. For more information, visit Airbnb.com About Christopher Nulty: Christopher Nulty is Airbnb's Head of Global Public Affairs. Prior to joining Airbnb in 2015, Christopher led public relations for Yahoo CEO Marissa Mayer. Christopher started his career in Washington, D.C., where he worked on Immigration and Healthcare Policy at the 2.2 million member Service Employees International Union (SEIU). A proud native of upstate New York, Christopher is a graduate of Colgate University where he currently serves as a director on the Alumni Council Board of Directors. 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

March 01, 2021 11:00 AM Eastern Standard Time

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Patricia Elias Named CSG Chief People and Places Officer

CSG

CSG® (NASDAQ: CSGS) today announced the appointment of Patricia Elias as the company’s new Chief People and Places Officer. A people-oriented, global business leader, she brings a proven track-record of driving innovation, integrity and impact that will help CSG harness the power and collective talents of its more than 4,800 global employees. “As CSG continues to evolve, we are thrilled to have Patricia’s rich experience developing people strategies to help drive our growth and industry leadership,” CSG CEO Brian Shepherd said. “She is an impressive leader who has proven she can excite, inspire, develop and lead a global team.” “People and culture are at the heart of everything we do. Staying true to our values while accelerating our strategic growth and transformation will enable us to build an even more inclusive, innovative, and agile CSG,” Shepherd added. Elias joins CSG from ServiceSource International, where she served on the executive team as their chief legal and people officer, providing oversight of global human resources, legal, and compliance. “I’m excited to join CSG and a leadership team that recognizes the impact a growth mindset and inclusive culture can have on business success,” Elias said. “I look forward to sharing my passion for fostering equitable, employee-centric programs to create an even more meaningful, intentional, and diverse employee experience at this dynamic company.” Elias began her career practicing corporate and securities law and later served as corporate counsel for ViaWest and Flextronics. Combining her legal experience and enthusiasm for learning, she also served three years as a lecturer of business law and public policy at the University of Denver’s Daniels College of Business. She holds a J.D. from Georgetown University and a B.A. in Psychology from Duke University. # # # About CSG For more than 35 years, CSG has simplified the complexity of business, delivering innovative customer engagement solutions that help companies acquire, monetize, engage and retain customers. Operating across more than 120 countries worldwide, CSG manages billions of critical customer interactions annually, and its award-winning suite of software and services allow companies across dozens of industries to tackle their biggest business challenges and thrive in an ever-changing marketplace. CSG is the trusted provider for driving digital innovation for hundreds of leading global brands, including Airtel Africa, América Móvil, AT&T, Charter Communications, Comcast, DISH, Formula 1, Hutchison 3 Indonesia, Inmarsat, Mastercard, Maximus, Mediacom, Microsoft, Mobily, MTN, New Leaf, State of California, TalkTalk and Telstra. To learn more, visit our website at csgi.com and connect with us on LinkedIn and Twitter. Copyright © 2021 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved. Contact Details CSG Media Relations Brad Jones +1 303-200-3001 brad.jones@csgi.com CSG Investor Relations John Rea +1 (210) 687 4409 john.rea@csgi.com Company Website https://www.csgi.com

March 01, 2021 06:00 AM Mountain Standard Time

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Cloud Conventions 2021 – The Premier Telecom/Cloud Channel Virtual Event Returns Live May 12-14

Convey Services

Cloud Conventions 2021 will open its 2nd annual virtual conference and tradeshow on May 12-14 offering a unique experience for channel professionals in the telecom/cloud, hosted voice, connectivity, IT and managed services and mobility industries. Co-sponsored by media partner, TR Publications and managed by the MCI Group, this premier industry event redefines the attendee and exhibitor experience for a virtual event with industry and business content, discussions opportunities, networking and strategy sessions, along with more ways to connect individually with peers and exhibitors. “Channel Strategies to Navigate the ‘New Normal’ is the focus of Cloud Conventions 2021,” said Carolyn Bradfield, CEO of Convey Services, founding partner of the event. “We teamed with the MCI Group as our event management partner and TR Publications and their related media to build on the success of our Cloud Conventions 2020 event expanding offerings and audience. Our experience delivering dozens of virtual tradeshows, conferences, summits, and kick-off meetings for our clients has taught us how to design an virtual expo avoiding the pitfalls of events that fail to create an engaging experience for attendees and deliver sales leads to exhibitors and sponsors." "Cloud Conventions 2021 has the potential to bring together one of the largest audiences of channel partners, MSPs, VARs, IT service providers and carriers for an unparalleled virtual event,” said Doug Green, publisher of TR Publications. “Strategies to deliver cloud solutions, connectivity, mobility and managed services are evolving, along with the business models of channel organizations that provide them to business customers. Cloud Conventions 2021 brings together resources, thought leaders, technology and business solutions to ensure that the channel has the tools to thrive in this rapidly changing landscape.” “Managing Cloud Conventions 2021 opens up a vast new market opportunity for the MCI Group,” said James Kelley Director of Business Development, Virtual Events at MCI USA. “Our team has partnered with Convey and their Cloud Conventions virtual event platform to deliver large virtual tradeshows and conferences for the past year. We offer added value to a show like this through marketing and our event management experience and support for exhibitors and sponsors. The MCI Group is committed to growing the Cloud Conventions 2021 event and returning in the spring of 2022 with an even larger live and hybrid industry expo.” In May of last year, the Cloud Conventions 2020 event attracted thousands of attendees over 4 days, with industry sponsors, social engagement and networking, and 78 educational sessions to help channel partners develop pathways to get business back on track and help their customers pivot to a digital work environment in the face of the pandemic. The 2021 virtual event will help channel partners navigate the ‘new normal’ by offering connections to colleagues and providers, powerful educational sessions, along with strategies to stay personally and professionally resilient, agile, and informed. Attendance at Cloud Conventions 2021 is free to qualified industry professionals. Past attendees will receive an invitation to pre-register. New attendees and potential exhibitors can sign up at www.cloudconventions2021.com. The Cloud Conventions 2021 conference and expo is hosted and managed on the industry leading Cloud Conventions virtual event platform, powered by Convey Services. About Telecom Reseller TR Publications reports on UC, UCaaS, CPaaS, mobility, telehealth, SD-WAN, direct routing, collaboration are among the many topics covered. Written for both buyer and seller, IT director and channel leader, TR’s qualified readers include enterprise end users, channel partners, MSPs, CLECs. Content includes news, blogs, podcasts, Educasts, and webinars. TR reaches 25,000 readers daily by eBulletin, 80,000 readers every weekend with their Sunday Report, and 1,900 people daily online. www.telecomreseller.com. About MCI Group MCI is a global engagement and marketing agency. We design human-centric solutions that unleash the power of people to deliver innovation and growth for our clients. Our offering includes live & virtual events, strategic & digital communications, consulting & community solutions. We help brands, companies, associations and not-for-profits solve their challenges, bringing their people together to shape their tomorrow. MCI is an independently owned company headquartered in Geneva, Switzerland, with a global presence in 60 offices across 31 countries. www.mci-group.com About Cloud Conventions Cloud Conventions is a Virtual Trade Show and Conference Platform from Convey Services that brings new capabilities to a marketplace looking for solutions to replace the thousands of live trade shows, annual conferences and association meetings cancelled in the wake of COVID-19. Originally launched as ConveyLive, Cloud Conventions automates exhibitors and virtual booths, attendee registration, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity. Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com or call 888-975-1382. Cloud Conventions™, Community™, Cloud Kickoffs™, Conduct™, One-Touch Email Share™, Hub & Spoke™, 360° Virtual Exhibit Hall & Lobby Experience™ and ListLock™ are trademarks of Convey Services LLC Contact Details Convey Services Bruce Ahern +1 770-580-0810 bahern@conveyservices.com Company Website https://cloudconventions.com

February 26, 2021 02:30 PM Eastern Standard Time

Survey Reveals Permanent Changes in Behavior and Expectations Beyond COVID-19 Vaccine Rollout

Metova Inc.

Metova, a leading provider of custom software solutions for mobile, web, connected home and car, and Internet of Things (IoT) for the private and public sector today announced the results of their latest blind survey of over 1000 people in the United States regarding behavior, trends and expectations beyond the COVID-19 vaccine rollout. Notably, “curbside pickup” led the way as the “most helpful thing” during COVID-19, outpacing video calling, online video streaming, telemedicine and mobile food and grocery services. In addition, of those who plan on getting the COVID-19 vaccine, 64% will avoid staying in a hotel, casino or resort for the remainder of 2021 if given the option. A notable, positive finding of the survey: “Quality Family Time” leads by nearly 2 to 1 in “positive life events that came out of the pandemic” – outpacing new hobbies, skills, personal fitness and home improvements. For a freely reusable infographic summarizing Metova’s Winter 2021 Post-Vaccine COVID-19 Survey, visit: https://metova.com/infographic-expectations-beyond-covid-19/ “At Metova in our work with telehealth, mobile tech, smart home and connected technologies for the hotel and hospitality industry, it’s essential we understand the quickly evolving sentiment and preferences of our clients' customers,” said Jonathan Sasse, chief strategy officer at Metova. "COVID-19 has accelerated and in many cases truly disrupted consumer preferences and behavior, and it’s essential for industries to understand these changes in order to best serve their customers.” Metova’s Winter 2021 Post-Vaccine COVID-19 Survey: “Curbside Pickup” lead the way as the “most helpful thing” during COVID-19, outpacing video calling, online video streaming, telemedicine and mobile food and grocery services “Quality Family Time” leads the way by nearly 2 to 1 in positive life events that came out of the pandemic, outpacing new hobbies, skills, personal fitness and home improvements 86% of people working from home due to COVID-19 want to continue working from home after getting the vaccine 64% after receiving the COVID-19 vaccine, if given the option, will avoid staying in a hotel, casino or resort for the remainder of 2021 1 in 4 say they won’t get the COVID-19 vaccine because they don’t think it is safe Additional Metova technology and culture sentiment surveys include: Telehealth, Contact Tracing and COVID-19, Working From Home Due to COVID-19, Internet of Things, Mobile First, the Connected Car and Smartphones and Healthcare. For a a summary of Metova 2020 survey findings, please visit: https://metova.com/metova-industry-intelligence-survey-findings-of-2020/ ABOUT METOVA Founded in 2006, with a belief that mobile would be even more transformative than the internet, Metova set out to build innovative mobile applications while also creating a great place for people to work. Today, Metova continues to build on its success by retaining world-class talent and helping companies transform their business through technology. After identifying customer needs, informed through industry-trusted surveys and analysis, Metova defines and builds the experiences customers expect, aligned with business goals to streamline workflows and increase revenues – while delighting customers and disrupting industries. Contact Details Metova Anders Steele +1 323-909-2341 anders.steele@metova.com Company Website https://metova.com

February 26, 2021 09:29 AM Eastern Standard Time

COMCAST PARTNERS WITH OLYMPIAN SIMONE MANUEL TO ANNOUNCE FREE WIFI FOR STUDENTS AND THEIR FAMILIES AT 20 OAKLAND COMMUNITY CENTERS

Comcast West Division

As part of its ongoing commitment to help connect low-income students and families to the Internet so they can fully participate in educational opportunities and the digital economy, Comcast today announced plans to equip 20 Oakland community centers and parks and recreation facilities with free WiFi for the next three years. As part of its Lift Zones initiative, the company will provide robust WiFi coverage in these safe spaces, to help ensure thousands of low-income students can remain online during the school year and continue to participate in distance learning. The announcement was made today during a special event with 2x Olympic Gold Medalist swimmer Simone Manuel, who spoke virtually with Oakland students about perseverance and the importance of following their dreams. “The current health crisis has had a disproportionate effect on many students from communities of color, and I want these kids to know that there are people rooting for them,” said Simone Manuel, the first African American female swimmer to win gold in an individual swimming event at the 2016 Rio Games. “ The lack of Internet access in low-income homes adds unique challenges to families that are trying to manage distance learning. I’m pleased to partner with Comcast to bring awareness to this important issue and help close the digital divide.” In addition to providing free WiFi at the various Lift Zone locations, Comcast contributed $100,000 to the City of Oakland Parks and Recreation Foundation and gave 1,000 students their own free laptop computer and free Internet at home for 12 months (to eligible families) through its Internet Essentials program. “We’re thrilled to partner with the City of Oakland Parks and Recreation Foundation to install free WiFi and provide digital skills training to ensure students can stay connected with their schools during this challenging time,” said John Gauder, regional senior vice president, Comcast California. “The COVID-19 crisis continues to put many low-income students at risk of being left behind, accelerating the need for comprehensive digital equity and Internet adoption programs to support them. Whether connecting to the Internet at home with our Internet Essentials program, or providing free WiFi at community centers, we’re helping to ensure students have multiple options to get online.” “The COVID-19 pandemic has shed light on many inequities in our society including the digital divide. Parents who are essential workers or those who can’t work from home have been questioning how to handle distance learning for their children,” said Oakland’s Mayor Libby Schaaf. “That's why we are grateful that Comcast has partnered with the City of Oakland to provide these crucial technology resources and stepped in to fill an important need in the community.” Last September, Comcast announced a multi-year program to launch more than 1,000 WiFi-connected "Lift Zones" in community centers nationwide, working with its network of thousands of nonprofit partners and city leaders. Lift Zone sites complement Comcast’s Internet Essentials program, which has helped connect more than eight million low-income people to the Internet at home. This includes more than one million residents across the state of California, which is the number one state in terms of overall participation in the Internet Essentials program. Since the Internet Essentials program’s launch in 2011, Comcast has donated tens of thousands of free laptops to students and families across the country, and invested $700 million in digital literacy, skills training and awareness programs that have reached 11 million people. Comcast recently announced that it was doubling the program’s Internet download speed to 50 Mbps and increasing the upstream speed to 5 Mbps for all new and existing customers at no additional cost. The company continues to offer 60 days of free service to any new Internet Essentials customer who signs up before June 30, 2021. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest video, high-speed internet, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe's leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information. Contact Details Adriana Arvizo +1 925-200-1919 Adriana_Arvizo@comcast.com

February 25, 2021 04:34 PM Pacific Standard Time

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CaliberCos Inc. Announces Strategic Relationship with Alchemy Acquisition Corporation

Caliber Co.

Henry Huang, Managing Partner of Alchemy commented “This investment reflects our high conviction in Caliber’s management team, and we believe that Alchemy’s extensive resources and expertise will help enable Caliber to further capitalize on its strong momentum and significant growth potential. We are very excited to work with Caliber’s talented founders to continue to provide best-in-class solutions to the real estate investment management industry.” SCOTTSDALE, Ariz. – CaliberCos Inc., a fully integrated real estate company, announced today that it has formed a strategic relationship with global merchant banking firm, Alchemy Acquisition Corp. (“Alchemy”). Alchemy has committed equity capital through a direct investment in Caliber’s Series B. Caliber will utilize Alchemy’s investment and merchant banking services to focus on real estate development projects in the Southwest and Mountainwest regions of the United States. This transaction aligns two organizations that are well positioned to create efficiencies of scale across both of their respective investing platforms. Alchemy provides institutional equity and wall street expertise to enhance Caliber’s investment funds and offerings, which are focused on middle market investments across the Southwest and Mountainwest Region. Details surrounding the transaction will be announced on a stepped-up basis. Commenting on the news, Chris Loeffler, Co-Founder and CEO stated, “We believe this strategic partnership is a precursor to yet another potential milestone for Caliber. As an alternative investment manager and developer, capital is the life-blood of our growth and we believe this partnership with Alchemy will drive project level capital as well as shareholder value." ABOUT CALIBER CaliberCos Inc., provides alternative investment opportunities to individual and institutional investors through well-structured, private equity real estate investments. The Company invests in a diverse portfolio of properties, including commercial, warehousing, multi-family, hospitality and tax-advantaged Opportunity Zones and engages in acquiring, owning, operating and developing these assets. Caliber recently sponsored one of the largest Opportunity Zone Funds focused on the Southwest and Mountainwest regions. ABOUT ALCHEMY Alchemy Acquisition Corp. is a global merchant banking firm with deep industry expertise that specializes in principal investments, private placements and global advisory. The firm transacts primarily in three sectors: (1) Real Estate & Infrastructure, (2) Technology, Media, Telecommunications and Sports (TMT-S) and (3) Renewables. Alchemy also advises its clients globally on strategic and financial matters including mergers and acquisitions, restructurings, and capital formation. Caliber is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained from: Caliber: https://www.seedinvest.com/calibercos Contact Details Caliber Victoria Rotondo +1 480-295-7600 victoria.rotondo@caliberco.com IRRealized, LLC Mary Jensen 310-526-1707 mary@irrealized.com Alchemy Acquisition Corporation Henry Huang 480-295-7600 info@alchemyrecap.com Company Website https://www.caliberco.com/

February 25, 2021 12:30 PM Eastern Standard Time

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